The founding members of the cooperative with a board of directors presumably responsible for the dissolution as well as directors in office at that time shall be jointly and indefinitely liable for the subsequent damage to the members or third parties due to the nullity of the cooperative with a board of directors.
The same joint liability may be upheld in respect of members whose contributions have not been audited and approved.
Unofficial translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 92
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 →