Chapter I · Characteristics and articles of association

Article 198 Direct liability of members to the company’s creditors

Artigo 198.º · Responsabilidade directa dos sócios para com os credores sociais

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

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1. The articles of association may lawfully provide that one or more members, in addition to being liable to the company as defined in paragraph 1 of the preceding Article, are also liable to the company’s creditors up to a specified amount; such liability may be either joint and several with that of the company or subsidiary to it and enforceable only at the liquidation stage.

1 - É lícito estipular no contrato que um ou mais sócios, além de responderem para com a sociedade nos termos definidos no n.º 1 do artigo anterior, respondem também perante os credores sociais até determinado montante; essa responsabilidade tanto pode ser solidária com a da sociedade, como subsidiária em relação a esta e a efectivar apenas na fase da liquidação.

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2. The liability governed by the preceding paragraph covers only the obligations assumed by the company while the member belongs to it and is not transmitted on the member’s death, without prejudice to the transmission of the obligations by which the member was previously bound.

2 - A responsabilidade regulada no número precedente abrange apenas as obrigações assumidas pela sociedade enquanto o sócio a ela pertencer e não se transmite por morte deste, sem prejuízo da transmissão das obrigações a que o sócio estava anteriormente vinculado.

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3. Unless the articles of association provide otherwise, a member who pays debts of the company under this Article has a right of recourse against the company for the full amount paid, but not against the other members.

3 - Salvo disposição contratual em contrário, o sócio que pagar dívidas sociais, nos termos deste artigo, tem direito de regresso contra a sociedade pela totalidade do que houver pago, mas não contra os outros sócios.

What we checked in this article

The capped direct liability of members to the company's creditors (joint and several or subsidiary and enforceable only in liquidation), its limitation to obligations incurred during membership and non-transmission on death, and the right of recourse against the company but not the other members 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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