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Companies Act 19,550 · Article 304 — Oversight under special laws

Complementary oversight under special laws (art. 304 LGS)

Article 304 of the General Companies Law clarifies that corporate oversight is without prejudice to that established by special laws.

Source: Act 19,550

What article 304

Article 304 preserves the oversight established by special laws over certain companies.

Official text · Act 19,550, art. 304

The oversight provided for in this law is without prejudice to that established by special laws.

Source: Law 19,550, art. 304 — InfoLEG (updated official text)

Commentary

Some companies (banks, insurers, capital-market firms) are subject, in addition to corporate control, to oversight by specific agencies (BCRA, the central bank; SSN, the insurance regulator; CNV, the securities regulator). This article clarifies that both controls coexist.

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