The following shall be subject to the prior authorization of the board of directors:
-
any agreement between a public limited company and one of its directors, general
managers and deputy general manager;
-
anyagreement between a company and a shareholder holding a participation greater
thanor equal to ten percent (10%) of the capital of the company;
-
anyagreement in which a director, general manager, deputy general manager or a
shareholder holding a participation greater than or equal to ten percent (10%) of the
capital of the company has an indirect interest or in which he deals with the company
through a proxy;
-
any agreement between a company and a firmor a legal entity, if one of the directors,
general manager, deputy general manager or a shareholder with an investment greater
than or equal to ten percent (10%) of the capital of the company is the owner of the firm
or a partner indefinitely liable, manager, director, general director, deputy general
director, general manager, deputy general manager or another manager of the contracting
legal entity.
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 128
Section 438 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014