An Impact Assessment of OHADA Reforms: Uniform Acts
on Commercial, Company, Secured Transactions, and Insolvency is a comprehensive, independent assessment of IFCs OHADA Investment Climate program from 2007 to 2017.
A substantial majority of states have adopted (typically with some minor adjustments) various uniform acts
, such as the Uniform Partnership Act and the Uniform Limited Partnership Act.
Finally, the last of the four chapters reviews the insurance requirements of the various uniform acts
and the Restatement (Third) on Property: Servitudes.
Anglophone lawyers have been protes- ting about issues including the lack of an English version of the OHADA Uniform Acts
, which are the main documents used in commercial proceedings in Cameroo- nian courts, and have rejected the Franco- phone Civil Code in their regions' courts.
Anglophone lawyers have been protesting about issues including the lack of an English version of the OHADA Uniform Acts
, which are the main documents used in commercial proceedings in Cameroonian courts, and have rejected the Francophone Civil Code in their regions' courts.
The most powerful aspect of the OHADA statutes, its Uniform Acts
, is that, once adopted by OHADA's legislature, the Council of Ministers, they automatically become part of each member state's internal, municipal law ninety days later.
This edition incorporates changes, updates, and corrections, including the Restatement (Third) of Trusts and new Uniform Acts
(79) The 1981 and 1995 Uniform Acts
specifically included language to foster cooperation agreements between the states in unclaimed-property audits, most likely because the unique priority rules relating to unclaimed property dictate that it may flow to different states.
The new LLC law was one of three separate, uniform acts
that were adopted in 2011, the other two being the Utah Uniform Partnership Act and the Utah Uniform Limited Partnership Act.
Since 1968, the Commission has promulgated more than a dozen Uniform Acts
relevant to children and family issues.
No single law contains a comprehensive definition, and each state has adopted its own particular laws on this subject, but many of these laws have been based on model or uniform acts
. Therefore, I will focus on these model acts.
These uniform acts
have provisions similar to the Bankruptcy Code for avoiding constructively fraudulent conveyances.