The provisions of article 639 above are not applicable to fully paid-up shares, acquired as a result of a universal assignment of assets or as a result of a court decision.
However, shares must be transferred within a period of two (2) years from their subscription or acquisition; at the expiration of such period, they must be cancelled.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 170
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 641 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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