Companies Act 19,550 · Article 145 — Voting and management vacancy in a capital-and-industry partnership
Voting and management vacancy in a capital-and-industry partnership (art. 145 LGS)
Article 145 governs voting by the service partner and management vacancy.
What article 145
Article 145 governs voting by the service partner and management vacancy.
Official text · Act 19,550, art. 145
Article 139 applies to this company; for voting purposes, the service partner is assigned capital equal to that of the capital partner with the smallest contribution. Article 140 also applies when the service partner does not manage.
Source: Law 19,550, art. 145 — InfoLEG (updated official text)
Commentary
Because the service partner contributes no capital, the law gives the vote a value equal to the smallest capital contribution so that the partner retains a voice.
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