After approving the summary financial statements and recording the existence of distributable funds, the general meeting shall determine:
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where appropriate, allocations to optional reserves;
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the amount of profits to distribute to, as the case may be, shares or equity interests;
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The amount to be carried forward, if any.
The portion of profits attributable to each share or equity interest is called dividend.
Any dividend paid in violation of the rules set forth in this article shall be a fictitious dividend.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 45
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 144 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/2014-01-30/auscgie-2014