The stated capital is increased, either by issuing common or preferred shares, or by increasing the nominal value of existing shares.
The new shares shall be paid up, either in cash or by offset against claims that are certain, of fixed amount and due to the company, or by incorporation of reserves, profits or contribution, issue or merger premiums, or by contributions in-kind.
The increase of capital by increasing the nominal value of shares shall only be decided by the unanimous consent of the shareholders, unless it is carried out by incorporating reserves, profits or contribution, issue or merger premiums.
The capital may also be increased by exercising the rights attached to securities giving access to capital under the conditions set forth in articles 822-1 et seq. hereinafter.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 151
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 562 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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