Where the dissolution is not declared, the company is required, no later than at the close of the
second fiscal year following that in which the losses were recorded, to reduce its capital by an
amount at least equal to the amount of losses that could not be posted against retained earnings
if, within that period, equity has not beenrestored up to a value of at least equal to half of the
stated capital.
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 181
Section 665 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014