Blasco SchneiderLegal library
Home›Library›Companies Act 19,550›Art. 144
Companies Act 19,550 · Article 144 — Service partner’s share of profits

Service partner’s share of profits (art. 144 LGS)

Article 144 governs the service partner’s participation in profits.

Source: Act 19,550

What article 144

Article 144 governs the service partner’s participation in profits.

Official text · Act 19,550, art. 144

The agreement must determine the service partner’s share of company profits. If it does not, the share shall be judicially determined.

Source: Law 19,550, art. 144 — InfoLEG (updated official text)

Commentary

Because the service partner contributes labor rather than capital, the profit share must be agreed; otherwise the court sets it.

This page is informational and does not constitute legal advice nor replace professional consultation. It quotes the official text of the rule; for its application to a specific case, consult a licensed professional.

Do you need advice on this matter?

The firm is headquartered in Buenos Aires, Argentina, and advises clients worldwide.

Contact the firm