Lex Cameroon

Uniform Act relating to commercial companies and economic interest groups › Title 1 › Chapter 2

SECTION 430

The directors may not, apart from the sums of money paid them under a contract of employment, receive, for their duties, any remuneration, whether or not permanent, other than those referred to in Articles 431 and 432 of this Uniform Act. The provisions of this article shall not apply to dividends that are regularly shared among shareholders. Any statutory clause to the contrary shall be considered void. Likewise, any decision to the contrary shall be void.
Official translation Spot-checked In force from 17 April 1997 Source page 105

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Texte français

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Section 430 of the Uniform Act relating to commercial companies and economic interest groups /akn/ohada/act/loi/undated/auscgie-1997
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