Colombian Commercial Code - Decree 410 of 1971 - Book II - Of Corporations - Part I - Partnership Agreement - Chapter III - Contributions Associates - From Article 122 to Article 148
COLOMBIAN COMMERCIAL CODE CHAPTER III Contributions from partners Article 122 .- The capital will be fixed precisely, but may be increased or decreased under the relevant statutory reform, approved and formalized by law. Be ineffective any increase in capital is made with reappraisal of assets. Article 123 .- No member may be compelled to increase or replenish your supply if this obligation is not expressly stipulated in the contract. Article 124 .- Partners must submit their contributions in place, manner and time stipulated. Where not specified, the delivery of personal property will be at the registered office as soon as the company is duly constituted. Article 125 .- When the contribution is not made in the manner and time agreed, the company will use the means of compensation under the contract. In the absence of express provision in this regard, the company may use any of the following means or resources: 1. Exc...