All shares issued by the cooperative shall be nominative. Their par value shall be the same for all the membership shares. It shall be set out in the articles.
Shares may not be issued at a price lower than their par value.
Paragraph 2: Rights and obligations attached to shares Sub-paragraph 1: Rights
Unofficial translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 20
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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Section 45 of the Acte uniforme relatif au droit des sociétés coopératives/akn/ohada/act/loi/2010-12-15/auscoop-2010
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