The private limited company is managed by one or more natural persons, membersor not.
They shall be appointed by the members in the articles of association or in a subsequent
instrument. In thelatter case, unless a provisionof the articles of association requires a stronger
majority, the decision shall be taken by a majority of members holding more than half of the
capital.
Any decision taken in violation of these majority rules shall be null.
Term of office
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 98
Section 323 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014