Lex Cameroon

Acte uniforme portant organisation des procédures collectives d'apurement du passif › Title 0 › Chapter 2 › Section 2

SECTION 45

Without prejudice to the rights of claimant creditors, proceeds eventually collected by the trustee, regardless of their origin, shall be deposited immediately under his watch in the account opened pursuant to Article 43 above. The trustee shall be liable, personally, for the interest at the legal rate plus eight (08) points on the amounts not deposited in the account, without prejudice to disciplinary sanctions. If some funds owed to the debtor were deposited in a separate account by third parties, they shall be transferred to the account opened by the trustee for the bankruptcy procedure. He shall be responsible for obtaining the withdrawal of any opposition. No opposition on proceeds deposited in the special account for reorganization or assets liquidation proceedings shall be admissible. Funds thus paid may be withdrawn only by a decision of the receiver. However, the trustee shall comply with the accounting requirements set forth in article 4-15 above
Unofficial translation Spot-checked In force from 10 September 2015 Source page 47

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Section 45 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif /akn/ohada/act/loi/undated/aupcap-2015
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