The board of directors or the general director, as the case may be, may use, in the order which he
shall determine, the options provided for in article 579 above or some of them only.
P. 161 of 267
The capital increase is not carried out when, after exercising these options, the amount of
subscriptions received does not cover the totality of the increase of capital, or, in the case
provided for in point 1 °) of article 579 above, three-quarters of such increase.
However, the board of directors or the general director shall, as the case may be, ex officio and
in all cases, limit the increase of capital to the amount reached, where shares subscribed for
represent ninety-seven percent (97%) of the capital increase.
Usufruct
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 160
Section 580 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014