The withdrawal of funds from subscription in cash can take place only after the registrationof the
companywith the registry of commerce and securities.
It is done, as the case may be/as appropriate, by the chief executive officer, the generalmanager
or the generaldirector upon presentation to the depositary of the certificate of the clerk or of the
competent authority of the State party confirming the registrationof the company with the
registry of commerce and securities.
Any subscriber may, six (6) months after paying for the subscription, petition the competent
court to rule expeditiously for the appointmentof adirector in charge of withdrawing the funds to
P. 119 of 267
pay back subscribers, after deduction of his costs for their distribution if, on that date, the
company is not registered.
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 118
Section 398 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014