The amount of stated capital as well as the nominal value of shares shall be set by the articles of association.
The simplified public limited company may issue inalienable shares resulting from contribution of services. The articles of association shall set the terms of subscription and distribution of such shares.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 235
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
How Lex Cameroon marks its texts →
Section 853-5 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/2014-01-30/auscgie-2014