
Securities in OHADA Law
Reflections on the benefits
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One of the major innovations of the Uniform Act relating to the law of commercial companies and economic interest groups as revised on January 10, 2014 was undoubtedly the consecration of securities as sources of financing in joint stock companies in OHADA member countries. This consecration has given rise to significant advantages, both for the issuing companies and for the investors who hold securities. As attractive as they may seem, the reality of globalization nevertheless provides an opportunity to reflect on the legislator's shortcomings, which is a pretext for allowing him to go to the...
One of the major innovations of the Uniform Act relating to the law of commercial companies and economic interest groups as revised on January 10, 2014 was undoubtedly the consecration of securities as sources of financing in joint stock companies in OHADA member countries. This consecration has given rise to significant advantages, both for the issuing companies and for the investors who hold securities. As attractive as they may seem, the reality of globalization nevertheless provides an opportunity to reflect on the legislator's shortcomings, which is a pretext for allowing him to go to the end of his thinking.