Lex Cameroon

Uniform Act relating to commercial companies and economic interest groups › Title 4 › Chapter 1

SECTION 81

The following shall be deemed to constitute a public call for capital: 1. Getting the shares of a company to be listed on the Stock Exchange of a State Party, with effect from the date of registration of such shares; 2. Resorting to credit establishments or stock brokers or the use of any form of publicity or canvassing in order to offer any type of shares to the public in a state party; The distribution of shares to more than one (100) persons shall also constitute a public call for capital. Provided that in determining this figure, each company or collective body offering transferable securities shall be considered as a single entity.
Official translation Spot-checked In force from 17 April 1997 Source page 29

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Texte français

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Contents

Section 81 of the Uniform Act relating to commercial companies and economic interest groups /akn/ohada/act/loi/undated/auscgie-1997
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