Notwithstanding the provisions of article688 above, it may be stipulated that companies
benefiting from the demerger shall only be liable for the portion of the liabilities of the company
being split to be borne by them up to the portion respectively imposed on them and without
solidarity among them.
In this case, creditors thatare not bondholders of the participating companies may object to the
demerger under the conditions and effects stipulated in articles679paragraph 2 et seq. above.
CHAPTER2-TRANSFORMATION
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 187
Section 689 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014