What may be contributed to the capital of an SRL or S.A. (LGS art. 39)
Article 39 of the General Companies Law requires that, in an SRL and in companies limited by shares, a contribution consist of specified assets susceptible to compulsory enforcement.
What article 39
Article 39 limits capital contributions in an SRL and S.A. to specified, enforceable assets.
In limited-liability companies and companies limited by shares, the contribution must consist of specified assets susceptible to compulsory enforcement.
Source: Law 19,550, art. 39 - InfoLEG (updated official text)
Commentary
The rule protects the reality of stated capital: in limited-liability company forms, capital serves as a safeguard for third parties and must therefore be funded with assets that can be enforced against (money, property, receivables), rather than obligations to perform. Work or services are structured as ancillary obligations.
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