Companies Act 19,550 · Article 156 — Property rights and measures affecting quotas
Property rights and measures affecting quotas (art. 156 LGS)
Article 156 governs co-ownership, usufruct, pledges, attachments and other measures affecting SRL quotas.
What article 156
Article 156 governs co-ownership, usufruct, pledges, attachments and other measures affecting SRL quotas.
Official text · Act 19,550, art. 156
Where a quota is co-owned, Article 209 applies. Creation and cancellation of usufruct, pledge, attachment or other precautionary measures over quotas shall be registered with the Public Registry of Commerce. Articles 218 and 219 apply.
Source: Law 19,550, art. 156 — InfoLEG (updated official text)
Commentary
Quotas may be encumbered or attached, but such interests must be registered to be effective against third parties.
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