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Companies Act 19,550 · Article 159 — SRL resolutions

SRL resolutions (art. 159 LGS)

Article 159 governs how SRL members adopt company resolutions.

Source: Act 19,550

What article 159

Article 159 governs how SRL members adopt company resolutions.

Official text · Act 19,550, art. 159

The agreement shall determine how members deliberate and adopt resolutions. If it is silent, resolutions are valid when members communicate their votes to management by any method ensuring authenticity within ten days of a simultaneous reliable consultation, or through a written statement in which all members vote. In SRLs under Article 299(2), members meeting in assembly decide on the financial statements.

Source: Law 19,550, art. 159 — InfoLEG (updated official text)

Commentary

An SRL may make decisions flexibly through written consultation, except where the law requires an assembly.

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