1. In a private limited company the capital is divided into quota interests and the members are jointly and severally liable for all the contributions agreed in the articles of association, as provided in Article 207.
1 - Na sociedade por quotas o capital está dividido em quotas e os sócios são solidariamente responsáveis por todas as entradas convencionadas no contrato social, conforme o disposto no artigo 207.º
2. The members are bound to make other contributions only where the law, or the articles of association as authorised by law, so provide.
2 - Os sócios apenas são obrigados a outras prestações quando a lei ou o contrato, autorizado por lei, assim o estabeleçam.
3. Only the company’s assets are liable to creditors for the company’s debts, save as provided in the following Article.
3 - Só o património social responde para com os credores pelas dívidas da sociedade, salvo o disposto no artigo seguinte.
The division of capital into quota interests, the members' joint and several liability for all agreed contributions under Article 207, the limitation of further obligations to those set by law or authorised articles, and the exclusive liability of the company's assets subject to Article 198 are retained.
We advise on Portuguese company law in English every day: formation, capital, members’ resolutions, managers’ liability and restructuring. A written answer and a fixed quote within one working day.
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.