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Companies Act 19,550 · Article 151 — Supplementary quotas

Supplementary quotas (art. 151 LGS)

Article 151 governs supplementary capital quotas in an SRL.

Source: Act 19,550

What article 151

Article 151 governs supplementary capital quotas in an SRL.

Official text · Act 19,550, art. 151

The constitutive instrument may authorize supplementary capital quotas, callable only by the company, in whole or in part, by agreement of members representing more than half the capital. Members must pay them once the decision is published and registered. They must be proportional to each member’s quotas and appear in the balance sheet after registration.

Source: Law 19,550, art. 151 — InfoLEG (updated official text)

Commentary

Supplementary quotas provide a flexible way to strengthen capital if the constitutive instrument authorized them in advance.

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