Chapter I · Characteristics and articles of association

Article 181 Members’ right to information

Artigo 181.º · Direito dos sócios à informação

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

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1. The managers must provide any member who so requests with true, complete and clear information on the management of the company, and must also allow that member to consult the company’s accounting records, books and documents at the registered office. The information shall be given in writing if so requested.

1 - Os gerentes devem prestar a qualquer sócio que o requeira informação verdadeira, completa e elucidativa sobre a gestão da sociedade, e bem assim facultar-lhe na sede social a consulta da respectiva escrituração, livros e documentos. A informação será dada por escrito, se assim for solicitado.

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2. Information may be requested on acts already performed or on acts expected to be performed, where these are liable to render the person performing them liable under the law.

2 - Podem ser pedidas informações sobre actos já praticados ou sobre actos cuja prática seja esperada, quando estes sejam susceptíveis de fazerem incorrer o seu autor em responsabilidade, nos termos da lei.

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3. The accounting records, books or documents must be consulted by the member in person; the member may be assisted by a statutory auditor or another expert and may also exercise the right conferred by Article 576 of the Civil Code.

3 - A consulta da escrituração, livros ou documentos deve ser feita pessoalmente pelo sócio, que pode fazer-se assistir de um revisor oficial de contas ou de outro perito, bem como usar da faculdade reconhecida pelo artigo 576.º do Código Civil.

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4. A member may inspect the company’s assets under the conditions referred to in the preceding paragraphs.

4 - O sócio pode inspeccionar os bens sociais nas condições referidas nos números anteriores.

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5. A member who uses the information obtained so as to cause unjust harm to the company or to other members is liable, under the general rules, for the losses caused to them and is subject to exclusion.

5 - O sócio que utilize as informações obtidas de modo a prejudicar injustamente a sociedade ou outros sócios é responsável, nos termos gerais, pelos prejuízos que lhes causar e fica sujeito a exclusão.

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6. If a member is refused the exercise of the rights conferred by the preceding paragraphs, the member may apply for a judicial inquiry under Article 450.

6 - No caso de ao sócio ser recusado o exercício dos direitos atribuídos nos números anteriores, pode requerer inquérito judicial nos termos previstos no artigo 450.º

What we checked in this article

The managers' duty to inform any member on request (in writing if asked), the scope covering past and expected acts, personal inspection with the assistance of a statutory auditor or other expert and the Article 576 Civil Code right, liability and exclusion for misuse, and the judicial inquiry under Article 450 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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