Any nominative share converted into a bearer share or negotiated shall lose the double voting right that may be attached to it.
However, transfer as through inheritance, liquidation of community property between spouses or inter vivos donation to a spouse or relative entitled to inherit, does not entail the loss of the acquired right.
The merger of the company shall have no effect on double voting rights which may be exercised within the acquiring company if the articles of association thereof so provide.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 147
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 545 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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