Examples of Argentine Companies Law in a sentence
The shareholders limit their liability to the shares subscribed and paid in, pursuant to the Argentine Companies Law (Law No. 19550).
With respect to all matters not contemplated in this Indenture, meetings of Securityholders will be held in accordance with Argentine Companies Law.
In addition, as set forth in the Argentine Companies Law, the Shareholders’ Meeting decided to appoint Accountant Mr. Gabriel Orden and Mr. Rubén Lamandia to act as liquidators of Consolidar A.F.J.P. S.A. As of December 31, 2009 these gentlemen have been designated as the Company’s legal representatives.
The provisions of section 294 of Argentine Companies Law No. 19,550 have been duly met.
After the dealing procedures required under §8, §9 or §10 (relating to procedures for dealing the cards from a manual dealing shoe; procedures for dealing the cards from the hand; and procedures for dealing the cards from an automated dealing shoe) have been completed, each player shall examine his cards.
In case of a capital increase in cash, Argentine Companies Law states that at least 25% of the funds must be paid in upon the resolution resolving the capital increase and the remaining 75% within two years from that date.LoansIrrevocable Capital Contributions.
Now, the methodology of this econometric exercise is going to be discussed.
The most common entities for investors to use are the corporation or single owner corporation (Sociedad Anónima / Sociedad Anónima Unipersonal) or the Limited liability company (Sociedad de Responsabilidad Limitada) The basic characteristics of each of these entities, according to the Argentine Companies Law, are set out below: Corporation (Sociedad Anónima, or “S.A.”) Capital is divided into shares of stock.
According to Argentine Companies Law, the annual compliance requirements basically consist in the following actions: Approval of annual financial statements.
Article 63 and subsequent articles of the Argentine Companies Law state the requirements that financial statements must comply.