Colombian Commercial Code - Decree 410 of 1971 - Book II - Of Corporations - Title V - Limited Liability Company - From Article 353 to Article 372
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...