Lex Cameroon

Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique › Book 3 › Title 1 › Chapter 2

SECTION 314

Unless otherwise provided for in the national legislations, the paymentand deposit of the fundsshall be recorded by a notary within the jurisdiction of the headquarters in a notarial statement of subscription and paymentlisting subscribers with theirlast and firstnames, domicile for natural persons, company name, legal formand headquartersfor legal entities, as well as the bank domiciliation of all interested partiesand, where applicable, the amount of money paid by eachof them. Funds thus deposited shall be unavailableuntil the day of the registrationof the companywiththe registry of commerce and securities. Effectivethat day, they shall be made available to the manager(s) duly appointed by the articles of association or by a subsequent instrument. In the event the company is not registered with the registry of commerce and securities within a period of six (6) months from the initial deposit of funds at a bank, orat any other duly accredited credit or microfinance institution, or at anotary’s office, the contributors may, either individually, or collectively through an agent,petition the competent court for the authorization to withdraw the amount of their contributions. P. 95 of 267
Unofficial translation Machine-parsed In force from 8 September 2026 Source page 94

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Texte français

This provision has no official French version. You can read an unofficial machine translation — for understanding only, never to quote.

Contents

Section 314 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique /akn/ohada/act/loi/undated/auscgie-2014
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