1. Liquidators who, through their fault, falsely state in the documents submitted to the general meeting for the purposes of the preceding Article that the rights of all the company’s creditors have been satisfied or safeguarded in accordance with this law are personally liable, if the distribution takes place, to the creditors whose rights have not been satisfied or safeguarded.
1 - Os liquidatários que, com culpa, nos documentos apresentados à assembleia para os efeitos do artigo anterior indicarem falsamente que os direitos de todos os credores da sociedade estão satisfeitos ou acautelados, nos termos desta lei, são pessoalmente responsáveis, se a partilha se efectivar, para com os credores cujos direitos não tenham sido satisfeitos ou acautelados.
2. Liquidators against whom liability has been enforced under the preceding paragraph have a right of recourse against the former members, unless they acted with wilful misconduct.
2 - Os liquidatários cuja responsabilidade tenha sido efectivada, nos termos do número anterior, gozam de direito de regresso contra os antigos sócios, salvo se tiverem agido com dolo.
Liability requires fault and a false statement in the documents submitted under Article 157, arises only if the distribution takes place, and the right of recourse against former members is excluded where the liquidators acted with wilful misconduct.
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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.