Companies Act 19,550 · Article 108 — Duties and liability of liquidators
Duties and liability of liquidators (art. 108 LGS)
Where this section is silent, the duties and liability of liquidators are governed by the rules applicable to administrators.
What article 108
Article 108 aligns liquidators’ duties and liability with those of administrators.
Official text · Act 19,550, art. 108
The duties and liability of liquidators are governed by the provisions established for administrators in all matters not regulated in this Section.
Source: Law 19,550, art. 108 — InfoLEG (updated official text)
Commentary
A liquidator must act with the diligence of a good businessperson under article 59 and is liable like an administrator for mismanagement. The cross-reference reflects the administrative nature of the liquidation function.
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