The application of article 757 of this uniform Act may only be override by the
general meeting ruling under the conditions of quorum and majority as that of an extraordinary
meeting and such deliberation shall be valid only where the board of directors or the general
director, as the case may be, state in their report to the general meeting the reasons forthe capital
P. 202 of 267
increase, as well as the personsto whom the new shares willbe allotted and the number of shares
allotted to each of them, the issue price, and the basis on which it was set.
Shares negotiability
Unofficial translation
Machine-parsed
In force from 8 September 2026
Source page 201
Section 758 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014