Lex Cameroon

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Machine interpretation of the French question — to understand, never to cite

What statutory or corporate body conditions must be met for the subsidiary to assign its receivables to the parent company under article 80?

Ensuring compliance with the social interest avoids the nullity of the transfer and any possible sanctions.

Produced by a model, unverified. The original question, in French, is what stands. The evidence below is in its original language.

The provision in question

Evidence (original language)

Le commentaire insiste sur la nécessité d’une autorisation des organes sociaux et le respect de l’objet ou de l’intérêt social.

Whether a parent company can assign or pledge its subsidiary's receivables to secure its own loan within the OHADA space, and under what conditions such an operation is legally feasible. · OHADA.com Doctrine

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