Companies Act 19,550 · Article 231 — Timing of bonus payments
Timing of bonus payments (art. 231 LGS)
Participation is paid at the same time as the dividend.
What article 231
Article 231 fixes the timing for payment of bonus participation.
Official text · Act 19,550, art. 231
The participation shall be paid contemporaneously with the dividend.
Source: Law 19,550, art. 231 — InfoLEG (updated official text)
Commentary
Payment is linked to the time when the company actually distributes profits to shareholders.
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