The articles of association may allow the payment of a first dividend to be paid to securities insofar as the general meeting establishes the existence of distributable profits and provided that such profits are sufficient to cover the payments. It is calculated as an interest on the paid-up amount of shares.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 45
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 145 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
Report an error in this text
AI features are in beta
Where an official English or French text exists, we show it; where none does, we give
a translation, clearly marked as one and never presented as the official text. We make
every AI feature as accurate as we can, but it can be wrong and is not legal advice —
always check the cited official text.