When old shares have usufruct attached to them, the usufructuary and the underlying title
holdermay set the conditions for exercising the pre-emption right and allocation of new shares as
they see fit.
Failing an agreement between the parties, the provisions of articles 582 to 585 hereinafterare
applicable.
These provisions also apply, where the parties fail to act, in case of allotment of bonus shares.
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 161
Section 581 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014