Lex Cameroon

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

SECTION 626-6

Today
Shares of a company, whose securities are admitted listed on a stock exchange, shares may be allotted under the first and second paragraphs of article 626-1-2 above only where the company, for the fiscal year during which these shares are alloted, proceeds, under the conditions set forth in articles 626-1 to 626-5 above, allots shares free of charge in favor of all of its employees and, /to at least ninety percent (90%) of all the employees of subsidiaries located in the States parties. Deliberations conducted and decisions taken and allocations of shares consented in violation of this article shall be null.
Unofficial translation Transcription: Spot-checked In force from 05-05-2014 Source page 167

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 →

A question about this section?

Enter to send · Shift+Enter for a new line

Texte français

Official text Unreviewed pair

ARTICLE 626-6

Refers to

Contents

Section 626-6 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
Report an error in this text