Each company or a person authorized to that effect shall establish registers of nominative instruments issued by this company.
The registers shall contain entries relating to transfer, conversion, pledge and sequestration transactions, and:
1) The date of the transaction;
2) The last and first names and domicile of the former and the new owner of the instruments, in
case of transfer; 3) The last and first names and domicile of the owner of the instruments, in case of conversion of bearer instruments into nominative instruments; 4) The nominal value and the number of instruments transferred or converted. However, when these instruments are shares, the stated capital and the number of instruments represented by all the shares of the same class may be mentioned in lieu of their nominal value; 5) Where appropriate, where the company has issued shares of different classes, and if a single register of nominative shares is held, the class and characteristics of the shares transferred or converted; 6) A serial number assigned to the transaction.
In the case of transfer, the name of the former owner of the instruments may be replaced by a serial number enabling to find that name in the registers.
All entries in the registers must be signed by the legal representative of the company or his delegate.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 191
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 746-1 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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