1. Conversion does not affect the personal and unlimited liability of members for company debts previously incurred.
1 - A transformação não afecta a responsabilidade pessoal e ilimitada dos sócios pelas dívidas sociais anteriormente contraídas.
2. The personal and unlimited liability of members created by the conversion of the company does not extend to company debts previously incurred.
2 - A responsabilidade pessoal e ilimitada dos sócios, criada pela transformação da sociedade, não abrange as dívidas sociais anteriormente contraídas.
Existing unlimited liability continues for prior company debts, while unlimited liability created by the conversion does not extend to prior company debts.
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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.