LEY 19550 ARGENTINA PDF
Justia Argentina. search. My Account. Log In Sign Up. search. Find a Lawyer · Ask a Lawyer Ley Nº Descarga el documento en version PDF. Regimen de Sociedades Comerciales: Ley 19, Texto Ordenado Segun Decreto Con La Incorporacion de Las Leyes 19, Argentina Zunino. Ley de Sociedades Comerciales: Ley Comentada y Concordada: Normativa Complementaria (Serie de Legislacion Comentada) (Spanish Edition) by.
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Non-monetary contributions must be fully paid at the time of registration. A sociedad de responsabilidad limitada is regulated under Sec and subsequent sections of the LSC. The practical importance of a trust argentin that the property transferred in trust is kept separate from the property of the trustee and the grantor.
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An ongoing concern comprises all the tangible and intangible property that is a part of a certain business concern. The minimum capitalization of an S.
The source doc comes from Argentina. Defense of Competition 3. Ongoing Concerns Transfers 3. The bodies expressing the corporate will at an S. Login to enter a peer comment or grade. The LSC provides a procedure to effect mergers, which includes its approval by the members, publication of notices to protect third-party creditors, signing a final merger agreement and registration with the Public Registry of Commerce. You will also have access to many other tools and opportunities designed for those who have language-related jobs or are passionate about them.
In this case, both the participants and whoever entered into contracts on behalf of the entity has joint, several 91550 unlimited liability for the obligations thereof.
It is an associative and contractual type. The Argentiina network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases. The contract must include the details of the participants, the address, corporate purpose, term, equity and the type of organization of the different bodies.
Under section 7 of the Law, an economic concentration is prohibited if its only purpose or effect is or could be to restrict or distort competition, in a manner that harm may result to the general economic interest. Limited Liability Companies S. Upon registration with the Public Registry of Commerce, the property of the entities being consolidated argenhina absorbed is transferred in its entirety to the new entity or to the absorbing entity, as the case may be.
What is the best way to annotate this in English? Its primary feature is the temporary nature of the association to fulfill the objective pursued.
The UTE may consist of entities organized lfy Argentina, individual business persons with domicile therein, and entities organized abroad, provided that they register under sectionparagraph 3 of the LSC.
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Close and don’t show again Close. Purchase and Sale of Shareholding Interests 3.
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However, lately the IGJ is reviewing if the capital must be consistent with the business to be carried on by the entity, and registration denied where it is not sufficient. View forum View forum without registering on UserVoice.
Term search Jobs Translators Clients Forums. In the case of an acquisition of a share holding in an entity, a contractual mechanism must be sought to guarantee that the purchaser will be kept harmless against concealed or non-declared liabilities of the seller with respect to the issuer.
If the directors are multiple, a majority must have their actual residence in Argentina. However, the entity is jointly, severally and unlimitedly liable for the payment of equity subscribed by the other partners. Monica Colangelo Argentina Local time: Unless agreed otherwise, there is no presumption of joint and several liability among the members of the UTE for obligations to third parties. General Principles in our Business Companies Law 3.
Post Your ideas for ProZ. Likewise, we must consider which will be the most suitable way to channel the acquisition of the shares.
art. Inc. 1ro. Ley 19, | Spanish to English | Business/Commerce (general)
The transfer document may only be signed upon the lapse of ten days 19505 the last such notice. Reviewing applications can be fun and only takes a few minutes. In the case of an SA, the share transfer must be registered in the Register of Argentinz kept by the Entity whose shares are the subject of the transaction, in which case the entity must be notified under section of the LSC.
Sectionsubsection 1 of Law Dollars at the present exchange rate.