P. 181 of 267
Where the amount of a reserve account constituted by deductions from company profits is equal
to the redeemed amount of shares or the matching class of shares, the reconversion is achieved.
The board of directors or the general director, as the case may be, is authorized to make the
necessary changes to the provisions of the articles of association insofar as such amendments
materially correspond to the results of the transaction.
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 180
Section 661 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014