Signature and numbering of certificates (art. 212 LGS)
Certificates must be consecutively numbered and signed by at least one director and one statutory auditor, with authorized secure printing permitted as a substitute.
What article 212
Article 212 governs signature and numbering of share certificates.
Certificates and shares shall be arranged in consecutive numerical order. They shall bear handwritten signatures of at least one director and one statutory auditor. The supervisory authority may authorize replacement by printing that guarantees authenticity, with a facsimile filed in the company record.
Source: Law 19,550, art. 212 — InfoLEG (updated official text)
Commentary
Numbering and signatures ensure authenticity and traceability. In large issues, authorized mechanical reproduction allows scale without sacrificing security.
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