Lex Cameroon

Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique › Book 10

SECTION 269-5

Today
The articles of association shall determine an amount below which the capital cannot be reduced by the return of contributions authorized by article 269-1 above. Such amount may not be less than one-tenth of the stated capital stipulated in the articles of association or less than the minimum amount of capital required to form a company contemplated, by the provisions governing it. Any reduction of capital beyond the limit prescribed by the articles of association shall be null.
Unofficial translation Transcription: Spot-checked In force from 05-05-2014 Source page 78

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ARTICLE 269-5

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Section 269-5 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
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