Companies Act 19,550 · Article 127 — Management of the general partnership
Management of the general partnership (art. 127 LGS)
Article 127 provides the default management regime for a general partnership.
What article 127
Article 127 provides the default management regime for a general partnership.
Official text · Act 19,550, art. 127
The constitutive instrument shall regulate management. In the absence of such provisions, any partner may manage the company acting separately.
Source: Law 19,550, art. 127 — InfoLEG (updated official text)
Commentary
The form is flexible: the partners may organize management by agreement; if the agreement is silent, any partner may manage.
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