Lex Cameroon

Acte uniforme révisé portant sur le droit commercial général › Title 2 › Chapter 3

SECTION 150

Any deed recording the assignment of anenterprise must state: 1) for natural persons, the full civil status of the seller and buyer, and for legal entities, their name, their enterprise, their legal form and address of their registered office; 2) the activities of the seller and the buyer; 3) their registration numbers in the Register of Commerce and Securities; 4) where applicable, the source of the enterprise with respect to the previous owner; 5) the state of liens, pledges and entries encumbering theenterprise; 6) turnoverfor eachofthree last financial years of exploitation, or since its acquisition if the enterprise has not been operated for more than three years; 7) profits and losses during the same period; 8) theleaseannexedtothe deed stating its date, term, name and address of the lessor and the assignor, where applicable; 9) the price agreed; 10) the location and and list of assets sold withthe enterprise; 11) The name and address of the notary or banking institution designated as escrow agent if the sale takes place by private deed.
Unofficial translation Spot-checked In force from 15 December 2010 Source page 50

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Texte français

This provision has no official French version. You can read an unofficial machine translation — for understanding only, never to quote.

Contents

Section 150 of the Acte uniforme révisé portant sur le droit commercial général /akn/ohada/act/loi/undated/audcg-2010
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