Where shares have usufruct attached, the offer to purchase shall be made to the underlying title
holder. However, the repurchase of shares shall be final only where the usufructuary has
expressly consented to the transaction.
Unless otherwise agreed between the underlying title holder and the usufructuary, the repurchase
price of shares shall be divided between them proportionally to the value of their respective
rights to the shares.
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 178
Section 648 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014