In ordinary meetings or in ordinary written consents, decisions shall be adopted by one or more members representing more than half of the capital.
Failure to attain this majority, and unless otherwise provided for in the articles of association, members shall be, as the case may be, called or consulted a second time and decisions shall be taken by a majority of votes cast, notwithstanding the share of the capital represented.
However, in all cases, dismissal of managers may only be decided by an absolute majority.
Any decision taken in violation of this section shall be null.
Agreements between the company and one of its managers or members Regulated agreements
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 100
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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Section 349 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
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