Under penalty of invalidity of the contract, it is forbidden to natural persons, managers or
membersto contract,under any form whatsoever, loans from the company, to obtain from the
company an overdraft on a checking account or otherwise, as well as to have the company
guarantee or endorse their commitments towards third parties.
P. 108 of 267
This prohibitionalsoapply to spouses, ascendants and descendants of the personsreferred to in the
first paragraph of this article, as well as to any intermediary.
Extraordinary collective decisions
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 107
Section 356 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014