Securities shall confer to their holders:
1) a right to profits made by the company whenever their distributed have been decided ; 2) a right to net assets of the company at their distribution, at the dissolution of the company dissolution or in connection with the reduction of its capital; 3) where applicable, the obligation to contribute to company losses under the conditions laid down for each type of company; 4) the right to participate in and vote on the members’ collective decisions, unless otherwise provided for in this uniform Act for certain categories of securities.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 21
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
How Lex Cameroon marks its texts →
Section 53 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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