Companies Act 19,550 · Article 250 — Special class meetings
Special class meetings (art. 250 LGS)
When a resolution affects rights of a share class, consent or ratification by that class is required at a special meeting governed by ordinary-meeting rules.
What article 250
Article 250 governs special meetings of a share class.
Official text · Act 19,550, art. 250
When the shareholders’ meeting is to adopt resolutions affecting rights of a class of shares, the consent or ratification of that class is required, given at a special meeting governed by ordinary-meeting rules.
Source: Law 19,550, art. 250 — InfoLEG (updated official text)
Commentary
Class protection prevents the general majority from altering category-specific rights without the affected holders’ consent.
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