One or several members may file derivative lawsuits after a formal notice of the competent bodies remains unanswered within a time limit of thirty days. Petitioners shall be entitled to pursue the suit for damages due to losses suffered by the cooperative. In the event of conviction, damages shall be awarded to the cooperative.
Unofficial translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 40
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 129 of the Acte uniforme relatif au droit des sociétés coopératives/akn/ohada/act/loi/2010-12-15/auscoop-2010
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