Lex Cameroon

Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique › Book 4 › Title 1 › Chapter 2

SECTION 454

Today
The board of directors’ deliberations shall be valid only if at least half of its members are present. Decisions of the board of directors are taken at a majority of the members present or represented, unless the articles of association provide for a stronger majority. In the event of a tie, the chairman shall have the casting vote unless otherwise provided for in the articles of association. Any decision taken in violation of this article or, where applicable, of the conditions set forth in the articles of association, shall be null.
Unofficial translation Transcription: Spot-checked In force from 05-05-2014 Source page 127

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ARTICLE 454

Contents

Section 454 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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