The simplified cooperative shall be formed with an initial share capital for which the amount is stated in the articles. Shareholders unable to contribute cash towards the capital at the time of the formation may make a commitment to make installment payments within a period set by the articles.
Unofficial translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 55
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 207 of the Acte uniforme relatif au droit des sociétés coopératives/akn/ohada/act/loi/2010-12-15/auscoop-2010
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