Companies Act 19,550 · Article 132 — Meaning of majority
Meaning of majority (art. 132 LGS)
Article 132 defines “majority” for partnerships.
What article 132
Article 132 defines “majority” for partnerships.
Official text · Act 19,550, art. 132
For purposes of this Section, majority means an absolute majority of capital unless the agreement provides a different regime.
Source: Law 19,550, art. 132 — InfoLEG (updated official text)
Commentary
Votes are counted by capital rather than per capita unless the agreement states otherwise.
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