Lex Cameroon

Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique › Book 4 › Title 1 › Chapter 2

SECTION 393

Funds from thesubscription of shares issued for cash shall be deposited by the persons that received them, on behalf of the company being formed, either at a notary’s office or at a duly accredited credit or microfinance institutions domiciled in the State party of the headquartersof the company being formed, in a special account opened in the name of this company. Funds shall be deposited within a period of eight (8) days from the date of receipt thereof. The depositor shall provide the depository,at the time of the deposit of funds,a list statingthe identity of the subscribers and indicating, the amount of moneypaidby each of them. The depositary is required to, until the withdrawal of the funds, provide the list referred to in paragraph 3 above, to any subscriber who, after showing proof of his subscription, so requests. The petitioner may review the list and obtain, at his expense, the delivery of a copy thereof.
Unofficial translation Machine-parsed In force from 8 September 2026 Source page 117

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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 393 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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