1. Unless the company's MOA determines a higher percentage, the quorum for a valid meeting of the General Assembly shall be the attendance of partners who hold at least [50%] of the shares of the company's capital, subject to the provision of Article [95] of this Decree Law. 2. If the quorum described in Clause [1] of this Article is not reached at the first meeting, the General Assembly shall be called for a second meeting to be held within at least five [5] days or a maximum of fifteen [15] days of the date of the first meeting. The second meeting shall be deemed valid regardless of the number of attendees. 3. Subject to the provisions of this Decree Law, the resolutions of the General Assembly shall only be valid if issued by a majority of the shares represented at the meeting, unless the MOA stipulates a greater majority.
Interpretation and application must be checked against the official text and current version.