The underlying title holder of shares is deemed, vis-à-vis the usufructuary, to having failedto
exercise the pre-emptive subscription right for the new shares issued by the company where he
neither subscribed for new shares nor sold the rights of subscription at least eight (8) days prior
to the expiration of the subscription deadline granted to shareholders.
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 161
Section 584 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014