Lex Cameroon

Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique › Book 4 › Title 1 › Chapter 1

SECTION 424

Elections procedures for directors shall be freely set by the articles of association, which may provide for a distribution of seats based on the classes of shares. However, and subject to provisions of this uniform Act, this distribution shall neither deprive shareholders from their eligibility to the board, nor deprive of a class of shares of its representation on the board. Directors may be re-elected unless otherwise provided for by the articles of association. Any appointment made in violation of the provisions of this article shall be null.
Unofficial translation Machine-parsed In force from 8 September 2026 Source page 125

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Texte français

This provision has no official French version. You can read an unofficial machine translation — for understanding only, never to quote.

Contents

Section 424 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique /akn/ohada/act/loi/undated/auscgie-2014
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