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Companies Act 19,550 · Article 139 — Resolutions in a simple limited partnership

Resolutions in a simple limited partnership (art. 139 LGS)

Article 139 governs resolutions and the limited partner’s voting rights.

Source: Act 19,550

What article 139

Article 139 governs resolutions and the limited partner’s voting rights.

Official text · Act 19,550, art. 139

Articles 131 and 132 apply to company resolutions. Limited partners have a vote on consideration of the financial statements and appointment of the manager.

Source: Law 19,550, art. 139 — InfoLEG (updated official text)

Commentary

Although excluded from management, limited partners retain basic political rights over the accounts and appointment of management.

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