Apart from sums received in connection with an employment agreement, directors shall not receive for their position any other compensation, permanent or not, other than the ones referred to in articles 431 and 432 hereinafter.
The provisions of this article shall not apply to dividends that are evenly divided among shareholders.
Any decision taken in violation of the first paragraph of this article shall be null.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 121
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 430 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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