When the extraordinary general meeting decides on the insertion in the articles of association of the terms of conversion, repurchase or repayment of preferred shares, the report of the board of directors shall describe the terms of conversion, repurchase, or repayment, as well as procedures for ensuring access by shareholders to the reports of the board of directors or of the general director, as the case may be, and to the report of the auditor.
The auditor shall give his opinion on such terms of conversion, repurchase or repayment.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 200
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 778-4 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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