1. Unless otherwise agreed, where there is more than one manager, all have equal and independent powers to manage and represent the company, but any of them may object to acts that another intends to perform, and it is for the majority of the managers to decide on the merits of the objection.
1 - Salvo convenção em contrário, havendo mais de um gerente, todos têm poderes iguais e independentes para administrar e representar a sociedade, mas qualquer deles pode opor-se aos actos que outro pretenda realizar, cabendo à maioria dos gerentes decidir sobre o mérito da oposição.
2. The objection referred to in the preceding paragraph is ineffective as against third parties, unless they had knowledge of it.
2 - A oposição referida no número anterior é ineficaz para com terceiros, a não ser que estes tenham tido conhecimento dela.
The equal and independent powers of several managers, the right of objection decided by a majority of managers, and the ineffectiveness of an objection against third parties without knowledge of it 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.