In the event of capital increase by subscription of equity interests in cash, the subscription proceeds shall be deposited in a bank account, or any other duly accredited credit or microfinance institution or at the notary’s office in accordance with the provisions applicable during the formation of the company.
The manager may use the subscription proceeds by remitting to the depositary a certificate from the registry of commerce and securities certifying the filing of an amendment document due further to the capital increase.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 103
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 361 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
Report an error in this text
AI features are in beta
Where an official English or French text exists, we show it; where none does, we give
a translation, clearly marked as one and never presented as the official text. We make
every AI feature as accurate as we can, but it can be wrong and is not legal advice —
always check the cited official text.