The invalidity of a company shall only derive from an express provision of this uniform Act or,
subject to the provisions of the next paragraph, from texts governing the invalidity of
agreements.
The invalidity of the company entailsits dissolution followed by its liquidation in accordance
with the provisions of this Uniform Act.
In private limited companies and share companies, the invalidity of the company shall not be
caused by a defectiveconsent or the legal incapacity of a member unless such legal incapacity
affects all the founding members.
P. 72 of 267
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 71
Section 242 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014