Chapter X · Divisions of companies · Section I · Domestic divisions

Article 127 Participation in the new company

Artigo 127.º · Participação na nova sociedade

Código das Sociedades Comerciais · Decree-Law No. 262/86 · consolidated text checked 26 October 2026

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Unless otherwise agreed between the parties concerned, the members of the company dissolved by division by dissolution shall participate in each of the new companies in the proportion of their holding in the former.

Salvo acordo diverso entre os interessados, os sócios da sociedade dissolvida por cisão-dissolução participarão em cada uma das novas sociedades na proporção que lhes caiba na primeira.

What we checked in this article

The default rule of proportional participation in each new company and the possibility of a different agreement between the parties concerned are retained.

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Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.

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