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Companies Act 19,550 · Article 98 — Dissolution: effectiveness against third parties

When dissolution affects third parties (LGS art. 98)

Article 98 of the General Companies Law provides that dissolution affects third parties only from registration, preceded by publication where applicable.

Source: Act 19,550

What article 98

Article 98 determines when dissolution is enforceable against third parties.

Official text · Act 19,550, art. 98

Dissolution of the company, whether or not it was regularly formed, has effect against third parties only from its registration, after prior publication where applicable.

Source: Law 19,550, art. 98 — InfoLEG (updated official text)

Commentary

Like any corporate status change, dissolution must be registered to be asserted against third parties. Until then, it cannot be invoked against those contracting with the company even if it has already taken effect internally.

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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