The private limited company is managed by one or more natural persons, members or not.
They shall be appointed by the members in the articles of association or in a subsequent instrument. In the latter case, unless a provision of the articles of association requires a stronger majority, the decision shall be taken by a majority of members holding more than half of the capital.
Any decision taken in violation of these majority rules shall be null.
Term of office
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 93
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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Section 323 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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