1. The value of a member’s contribution in services is not counted in the share capital.
1 - O valor da contribuição em indústria do sócio não é computado no capital social.
2. Members contributing services are not liable, as between the members, for the company’s losses, unless the articles of association provide otherwise.
2 - Os sócios de indústria não respondem, nas relações internas, pelas perdas sociais, salvo cláusula em contrário do contrato de sociedade.
3. Where, under the final part of the preceding paragraph, a member contributing services is liable for the company’s losses and for that reason contributes capital, a portion of capital corresponding to that contribution shall be made up for that member by proportional reduction of the other partnership interests.
3 - Quando, nos termos da parte final do número anterior, o sócio de indústria responder pelas perdas sociais e por esse motivo contribuir com capital, ser-lhe-á composta, por redução proporcional das outras partes sociais, uma parte de capital correspondente àquela contribuição.
The exclusion of services contributions from share capital, the default rule that members contributing services bear no internal liability for losses unless the articles provide otherwise, the capital portion created by proportional reduction of other interests, and the repeal of paragraph 4 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.