Equity interests must be subscribed in full by the members. They shall be paid in full when they represent contributions in kind.
Equity interests representing contributions in cash shall be paid upon subscription of the capital by at least half of their nominal value.
The payment of surplus shall be made once or by installments within a period of two (2) years from the registration of the company with the registry of commerce and securities, pursuant to the terms provided in the articles of association.
Valuation of contribution in kind
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 89
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 311-1 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