Subscription and payment of capital (art. 149 LGS)
Article 149 governs subscription and payment of SRL capital.
What article 149
Article 149 governs subscription and payment of SRL capital.
The capital must be fully subscribed upon formation. Cash contributions must be paid in at least 25% and completed within two years, evidenced by a deposit with an official bank. Contributions in kind must be fully made and valued under Article 51; if judicial appraisal is chosen, the valuation liability under Article 150 ceases.
Source: Law 19,550, art. 149 — InfoLEG (updated official text)
Commentary
All capital is subscribed at formation; cash may be paid 25% initially with the balance within two years, while contributions in kind must be fully delivered.
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