1. If the extinction of a partnership interest is not accompanied by a corresponding reduction of capital, its nominal value accrues to the remaining interests in the proportion existing between them, and the articles of association must be amended accordingly.
1 - Se a extinção da parte social não for acompanhada da correspondente redução do capital, o respectivo valor nominal acresce às restantes partes, segundo a proporção entre elas existente, devendo ser alterado, em conformidade, o contrato de sociedade.
2. However, the articles of association may provide, or the members may unanimously resolve, that one or more partnership interests be created whose total nominal value is equal to that of the extinguished interest, but always for immediate transfer to members or to third parties.
2 - Pode, porém, estipular-se no contrato de sociedade ou podem os sócios deliberar por unanimidade que seja criada uma ou mais partes sociais, cujo valor nominal total seja igual ao da que foi extinta, mas sempre para imediata transmissão a sócios ou a terceiros.
The pro rata accrual of the nominal value to the remaining interests with amendment of the articles where capital is not reduced, and the alternative (by the articles or a unanimous resolution) of creating new interests of equal total nominal value for immediate transfer to members or third parties 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.