Lex Cameroon

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

SECTION 331

Aside from tothe suit forcompensation for damages sustained personally, members representing the quarter of the members and the quarter of the equity interests may, either individually or collectively, initiate a member derivative lawsuitagainst the manager. The plaintiffs are entitledto seek compensation for the entire damage suffered by the company, to which damages shall be awarded, if any. No provision of the articles of association may subordinateapartner derivative lawsuit to the prior notice or authorization of the general meeting, or contain advance waiver of the option forsuch action. No decision of the general meetingshall extinguish a suit for civil liability against managers for a fault committedduring the performance of their duties. Any decision to the contraryshall be null. P. 101 of 267
Unofficial translation Machine-parsed In force from 8 September 2026 Source page 100

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Texte français

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Contents

Section 331 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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