1. Every member has the right to withdraw from the company in the cases provided for by law or in the articles of association and also:
1 - Todo o sócio tem o direito de se exonerar da sociedade nos casos previstos na lei ou no contrato e ainda:
a) If the duration of the company is not fixed in the articles of association, or if the company was formed for the whole lifetime of a member or for a period exceeding 30 years, provided that the withdrawing member has been a member for at least ten years;
a) Se não estiver fixada no contrato a duração da sociedade ou se esta tiver sido constituída por toda a vida de um sócio ou por período superior a 30 anos, desde que aquele que se exonerar seja sócio há, pelo menos, dez anos;
2. There is deemed to be just cause for the withdrawal of a member where, against that member’s express vote:
2 - Entende-se que há justa causa de exoneração de um sócio quando, contra o seu voto expresso:
a) The company does not resolve to remove a manager from office, there being just cause to do so;
a) A sociedade não delibere destituir um gerente, havendo justa causa para tanto;
b) The company does not resolve to exclude a member, there being just cause for exclusion;
b) A sociedade não delibere excluir um sócio, ocorrendo justa causa de exclusão;
c) That member is removed from the management of the company.
c) O referido sócio for destituído da gerência da sociedade.
3. Where a member intends to withdraw on the ground of just cause, the member must exercise that right within 90 days of the day on which the member became aware of the fact giving rise to the right of withdrawal.
3 - Quando o sócio pretenda exonerar-se com fundamento na ocorrência de justa causa, deve exercer o seu direito no prazo de 90 dias a contar daquele em que tomou conhecimento do facto que permite a exoneração.
4. Withdrawal becomes effective only at the end of the financial year in which the relevant notice is given, but never before three months have elapsed since that notice.
4 - A exoneração só se torna efectiva no fim do ano social em que é feita a comunicação respectiva, mas nunca antes de decorridos três meses sobre esta comunicação.
5. A withdrawing member is entitled to the value of the member’s partnership interest, calculated in accordance with Article 105(2) by reference to the time at which the withdrawal becomes effective.
5 - O sócio exonerado tem direito ao valor da sua parte social, calculado nos termos previstos no artigo 105.º, n.º 2, com referência ao momento em que a exoneração se torna efectiva.
The statutory grounds for withdrawal (indefinite, lifetime or over-30-year duration with at least ten years' membership; just cause), the three cases of just cause against the member's express vote, the 90-day period from knowledge, effectiveness at the end of the financial year but not before three months after notice, and valuation under Article 105(2) 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.