Inter vivos equity interest transfer shall be done in written.
It is enforceable against the company only after completion of one of the following formalities:
1) notice of the assignment to the company by deed of a bailiff, or notification by any means allowing to establish actual receipt by the addressee; 2) acceptance of the transfer by the company in an authentic deed; 3) deposit of an original copy of the transfer deed at the headquarters against receipt from the manager of a certificate of deposit.
The transfer is enforceable against third parties only after completion one of the above formalities and after filing with the registry of commerce and securities.
Terms and conditions of the transfer Transfer between members
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 91
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 317 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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