The liquidator shall be liable to the company and third parties for damaging consequences
resulting from his wrongdoings during the performance of his duties.
Shareholders derivative lawsuit or individual suit for civil liability against the liquidator shall be
timed-barred after three (3) years, from the date of thedamagingfact or, from the date of its
disclosure in case it wasconcealed.
However, when the fact isdeemed a crime, the lawsuit shall be time-barredafter a period of ten
(10) years.
P. 68 of 267
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 67
Section 221 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014