Lex Cameroon

Acte uniforme relatif au droit des sociétés coopératives › Title 2 › Chapter 5 › Section 3

SECTION 375

In addition to the suit for damages for losses suffered personally, the members may, individually or as a group, initiate a suit for civil liability against the directors. If they represent at least half of the members of the cooperative with a board of directors, the members,acting for their common interests, may retain one or several members among them to represent them as either plaintiff or defendant in the suit for civil liability. The withdrawal of one or several shareholdersduring the trial shall have no effect on the continuation of the said suit for liability. The plaintiffs shall be entitled to pursue the suit for damages for the overall damage suffered by the cooperative to which damages shall be awarded as the case may be. P. 103 of 110
Unofficial translation Machine-parsed In force from 8 September 2026 Source page 102

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Texte français

This provision has no official French version. You can read an unofficial machine translation — for understanding only, never to quote.

Contents

Section 375 of the Acte uniforme relatif au droit des sociétés coopératives /akn/ohada/act/loi/undated/auscoop-2010
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