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Companies Act 19,550 · Article 80 — Revocation of transformation

Setting aside the transformation resolution (LGS art. 80)

Section 80 allows the transformation resolution to be set aside while it has not yet been registered, generally by unanimous agreement unless otherwise agreed or specially provided.

Source: Act 19,550

What article 80

Section 80 permits the transformation resolution to be revoked before registration.

Official text · Act 19,550, art. 80

The corporate resolution approving transformation may be set aside while the transformation has not been registered. If publication has occurred, the second paragraph of article 81 shall be followed. Unanimous agreement of the members is required, unless otherwise agreed or provided for certain types.

Source: Law 19,550, art. 80 - InfoLEG (updated official text)

Commentary

Until registration, transformation remains reversible by decision of the members. If it was already published, revocation must also be publicized to protect third parties.

This page is informational and does not constitute legal advice nor replace professional consultation. It quotes the official text of the rule; for its application to a specific case, consult a licensed professional.

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