Application to mixed-economy companies (art. 389 LGS)
Article 389 of the General Companies Law provides that its rules apply to mixed-economy companies (sociedades de economía mixta) insofar as they do not conflict with their special regime.
What article 389
Article 389 sets out the application of the law to mixed-economy companies.
The provisions of this law shall apply to mixed-economy companies insofar as they are not contrary to those of Decree-Law No. 15,349/46 (Law No. 12,962).
Source: Law 19,550, art. 389 — InfoLEG (updated official text)
Commentary
Mixed-economy companies (State + private parties) have their own law; the LGS supplements them on a subsidiary basis in matters not provided for and compatible. It closes the articles of the law.
Do you need advice on this matter?
The firm is headquartered in Buenos Aires, Argentina, and advises clients worldwide.
Contact the firm