Lex Cameroon

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

SECTION 876

Subject to the provisions of this Uniform Act, a contract shall determine the organization of the economic interest group and shall freely lay down the contribution of each member to the debts of the group. Failing this, each member shall bear an equal portion of the debt. During its existence, the group may accept new members under the conditions laid down by contract. Any member may withdraw from the group under the conditions laid down in the contract, subject to having fulfilled his obligations. The contract shall be in writing and shall be subject to the same conditions of publicity as the companies concerned by this Uniform Act. It shall in particular contain the following details: 1°) the name of the economic interest group; 2°) the name, trade name or corporate name, legal form, address or head office and, as the case may be, the registration number in the Trade and Personal Property Rights Register of each member of the economic interest group ; 3°) the duration of the economic interest group; 4°) the object of the economic interest group; 5°) the address of the registered office of the economic interest group. Any amendments to the contract shall be drawn up and published under the same conditions as the contract itself. They shall be binding on third parties from the date they are published. The deeds and documents emanating from the economic interest group intended for third parties, more particularly, invoices, various notices and publications shall clearly show the name of the group, followed by the words “ economic interest group “ or the acronym “E.I.G.” Any violation of the provisions of the above paragraph shall be punished as a simple offence.
Official translation Spot-checked In force from 17 April 1997 Source page 190

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Texte français

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Section 876 of the Uniform Act relating to commercial companies and economic interest groups /akn/ohada/act/loi/undated/auscgie-1997
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