The meeting shall ascertain that the capital is fully subscribed and the amount due for shares is fully paid up.
It shall rule on the adoption of the articles of association, which can only be amended unanimously by all subscribers, and appoint the first directors and auditors.
The meeting agenda must include information on the identity, professional references, professional activities and management positions held of the candidates to the office of director over the last five (5) years.
Minutes of the meeting session shall record, where applicable, the acceptance of duties by the directors and auditors.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 221
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 827-7 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
AI features are in beta
Where an official English or French text exists, we show it; where none does, we give
a translation, clearly marked as one and never presented as the official text. We make
every AI feature as accurate as we can, but it can be wrong and is not legal advice —
always check the cited official text.