Where the holder of a security giving access to capital is not entitled to an integral number of securities, the fraction of the share forming “the odd lot” shall be paid in cash; this payment shall be equal to the fraction of share forming “the odd lot” by divided the value of the share.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 216
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
How Lex Cameroon marks its texts →
Section 822-17 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/2014-01-30/auscgie-2014