Chapter II · Duties and rights of members · Section I · Obligation to contribute

Article 207 Liability of the other members

Artigo 207.º · Responsabilidade dos outros sócios

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

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1. Where a member has been excluded, or part of that member’s quota interest has been declared forfeited to the company, the other members are jointly and severally bound to pay the part of the contribution that is outstanding, whether or not the quota interest has already been sold under the preceding Articles; as between themselves, those members are liable in proportion to their quota interests.

1 - Excluído um sócio, ou declarada perdida a favor da sociedade parte da sua quota, são os outros sócios obrigados solidariamente a pagar a parte da entrada que estiver em dívida, quer a quota tenha sido ou não já vendida nos termos dos artigos anteriores; nas relações internas esses sócios respondem proporcionalmente às suas quotas.

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2. In the event of a capital increase, the existing members are bound, under the preceding paragraph, to pay the outstanding instalments relating to the new quota interests, and the new members to pay the outstanding instalments relating to the existing quota interests, but an existing member who has paid up that member’s quota interest may be released from the obligation by placing that quota interest at the company’s disposal within 30 days following the demand for payment. This right may not be excluded or limited in the articles of association.

2 - No caso de aumento do capital, os antigos sócios são obrigados, nos termos do número anterior, a pagar as prestações em dívida respeitantes às novas quotas, e os novos sócios a pagar as prestações em dívida relativas às quotas antigas, mas o antigo sócio, que tiver liberado a sua quota pode desobrigar-se, pondo-a à disposição da sociedade, nos 30 dias seguintes à interpelação para o pagamento. Este direito não pode ser excluído nem limitado no contrato de sociedade.

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3. A member who has made any payment under this Article may be subrogated to the company’s right against the excluded member and that member’s predecessors, in accordance with Article 206, in order to obtain reimbursement of the amount paid.

3 - O sócio que tiver efectuado algum pagamento nos termos deste artigo pode sub-rogar-se no direito que assiste à sociedade contra o excluído e seus antecessores, segundo o disposto no artigo 206.º, a fim de obter o reembolso da quantia paga.

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4. If the company does not make either of the declarations referred to in Article 204(2) and the amount outstanding cannot be obtained through enforcement proceedings against the defaulting member, the applicable part of paragraph 1 of this Article applies as regards the members.

4 - Se a sociedade não fizer qualquer das declarações a que alude o n.º 2 do artigo 204.º e, por via de execução contra o sócio remisso, não for possível obter o montante em dívida, vale, quanto aos sócios, o disposto na parte aplicável do n.º 1 do presente artigo.

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5. In determining which other members are liable, regard shall be had to the time of the resolution referred to in paragraph 1 and to the date on which the enforcement proceedings referred to in paragraph 4 were brought.

5 - Para determinar os outros sócios responsáveis atender-se-á ao tempo da deliberação prevista no n.º 1 e à data da proposição da acção executiva prevista no n.º 4.

What we checked in this article

The other members' joint and several liability for the outstanding contribution (proportional internally), the cross-liability of old and new members on a capital increase with the non-excludable 30-day release right, subrogation under Article 206, the fallback where no declaration under Article 204(2) is made, and the reference dates for identifying the liable 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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