Lex Cameroon

Law n°2014/6 of 23 April 2014 governing factoring in Cameroon › Chapter 2

SECTION 8 — The factoring contract shall

In French Le contrat d'affacturage

Today
contain the following on pain of nullity: - the factor's business or company name; - the debtor's name or corporate name; - the adherent's name or corporate name; - the indication "factoring contract"; - the description of the invoice and the number of the summary statement of invoices or any other element that may help to identify the receivable; - the maximum outstanding amount of the factoring contract; - the indication "with recourse or without recourse", as appropriate; 11 OFFICIAL GAZETTE OF THE REPUBLIC OF CAMEROON 15th May 2014 - la durée du contrat ; - la date de prise d'effet du contrat ; - les signatures de l'adhérent et de l'af- factureur ; - la mention de la subrogation ; - le mode de règlement laissant trace écrite.
Official text Transcription: Machine-parsed In force from 23-04-2014 (date unconfirmed) Source page 4

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Conclusion and Effects of a Factoring Contract

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Texte français

Official text

ARTICLE 8 — Le contrat d'affacturage

Contents

Section 8 of the Law n°2014/6 of 23 April 2014 governing factoring in Cameroon /akn/cm/act/loi/2014-04-23/2014-006
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