Status requires review — We have not verified this source's current status.
Structural division: BOOK TWO › party › CHAPTER THREE
Article 274 — Register of Shareholders
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ Every share company shall keep a register of shareholders at its head office. The register shall be kept in paper format or by electronic means that can be retained for a long duration.
2/ The register shall contain the names and addresses of shareholders, the number and numeration of the shares, the amount paid up and the date of entry of the shareholder in the register.
3/ Shareholders and concerned government authorities may inspect the register without charge. Persons other than shareholders may also inspect the register upon payment of the fee prescribed by the company.
4/ Any person may obtain a copy of or an extract from the register upon payment of the prescribed fee. The company shall give the copy or extract to the person requesting within fifteen days from the date of such request.
5/ Where an error has occurred in the register, the concerned government authority may order the rectification of the register on the request of any interested party or a shareholder.
6/ The members of the board of directors of the company shall be jointly and severally liable for any damage caused by the inaccuracy in the register.