A private limited company may be transformed into another type of company.
The transformation does not lead to the creation of a new legal entity.
The transformation of the company may only be effected where the amount of equity of a private limited company, at the time where the transformation is planned, is at least equal to its stated capital. Any transformation carried out in violation of these provisions shall be null.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 107
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 374 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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