Unofficial translaction
CHAPTER III: PRESCRIPTIVE PERIOD
ARTICLE 33-Obligations arising with respect to their activities between entrepreneurs, or
betweenentrepreneursandnon-entrepreneurs, shall lapse after fiveyearsiftheyare not subject to
shorter prescriptive periods.
Such extinctive prescriptive period shall be subject to the law governing the right that it affects.
The prescription regime provided for in Articles 17 and 29 of this uniform Act shall govern
entrepreneurship.
BOOK II
REGISTER OF COMMERCE AND SECURITIES
TITLE I: GENERAL PROVISIONS
CHAPTER I: MANDATE OF THE REGISTER OF COMMERCE AND SECURITIES
ARTICLE 34-The Register of Commerce and Securities is createdwith the intention of:
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enablingpersons required to register to comply with the registration formality with the
Register of Commerce and Securities so as to requestregistration, obtain their
registration number upon filing their application and completeother formalities set forth
by this uniform Act and any other legal provision;
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enablingentrepreneurs to make their declaration of activity, obtain, upon filing
thereof,their number of the declaration of activity and completeother formalities set
forth by this uniform Act and any other legal provision;
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allowingpersons under obligation to register and third parties to access information
maintained in the Register of Commerce and Securities;
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satisfying the security, speed, transparency and loyalty requirements necessary for the
development of economic activities;
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Receiving entries related tofinancing leases and to security interests provided for by the
Uniform Act on securities interests or by any other legal provision.
ARTICLE 35-The purpose of the Register of Commerce and Securities is:
1) to receive applications for registration from, including:
OHADA / Uniform Act / Unofficial Translations
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