ALTHOX

COLOMBIAN COMMERCIAL CODE TITLE IX THE TRADING COMPANY IN FACT Article 498 .- The trading company will indeed when set up on the deed. Its existence may be proved by any means of proof recognized by law. Article 499 .- The company is in fact not a legal person. Therefore, the rights acquired and obligations contracted for the social enterprise, shall be purchased or contracted for or in charge of all de facto partners. The stipulations agreed to by the associated effects occur between them. Article 500 .- Repealed. Decree 2155 of 1992. Article 501 .- In society, in fact every one of the partners jointly and unlimitedly liable for the transactions. The provisions intended to limit this liability shall be deemed not written. Third parties may assert their rights and fulfill their obligations by or on behalf of all partners or in fact any of them. Article 502 .- Judicial declaration of nullity does not affect the rights of bona fide third parties that have...

COLOMBIAN COMMERCIAL CODE TITLE V THE LIMITED LIABILITY COMPANY Article 353 .- The limited liability company members respond to the amount of their contributions. In the statutes may provide for all or some of the partners greater responsibility or ancillary or guarantees, express their nature, amount, duration and modalities. Article 354 .- Social capital is paid IntegraMed you by becoming the company, as well as any increase thereof solemnized. The capital is divided into shares of equal value transferable as provided by law or the statutes. The partners jointly and severally liable for the value attributed to the contributions in kind. Article 355 .- If it is found that contributions have not been fully paid, the Superintendent shall require, under duress of fines up (fifty thousand pesos) *, that such contributions are met or order the dissolution of society, without prejudice to the responsibility be deducted and partners in the partner...

COLOMBIAN COMMERCIAL CODE CHAPTER III Administration and society representation Article 310 .- The administration of the partnership shall be for each and every one of the partners, who may delegate it to his associates or strangers, in which case the delegating will be inhibited for the management of corporate business. Delegates will have the same powers conferred on the managing partners by law or by statute, explicitly subject to the limitations imposed on them. Article 311 .- The representation of society will imply the ability to use the firm name and to hold all the operations in the ordinary course of company business. Article 312 .- Delegate administration to several people, without determining their functions and powers, deemed to be entitled to exercise any act of administration separately. When you require them to act together, they can not act alone. Article 313 .- Delegated administration of society, or partners that have...