1. On the incorporation of the company, each member holds only one quota interest, which corresponds to that member’s contribution.
1 - Na constituição da sociedade a cada sócio apenas fica a pertencer uma quota, que corresponde à sua entrada.
2. In the event of a division of quota interests or a capital increase, each member may receive only one new quota interest. In the latter case, however, the member may be allotted as many quota interests as that member already held.
2 - Em caso de divisão de quotas ou de aumento de capital, a cada sócio só pode caber uma nova quota. Na última hipótese, todavia, podem ser atribuídas ao sócio tantas quotas quantas as que já possuía.
3. The nominal values of quota interests may differ, but none may be less than EUR 1.
3 - Os valores nominais das quotas podem ser diversos, mas nenhum pode ser inferior a (euro) 1.
4. A member’s original quota interest and those that member subsequently acquires are independent. The holder may, however, consolidate them, provided that they are fully paid up and that, under the articles of association, they do not carry different rights and obligations.
4 - A quota primitiva de um sócio e as que posteriormente adquirir são independentes. O titular pode, porém, unificá-las, desde que estejam integralmente liberadas e lhes não correspondam, segundo o contrato de sociedade, direitos e obrigações diversos.
5. The consolidation must be put in writing, notified to the company and registered.
5 - A unificação deve ser reduzida a escrito, comunicada à sociedade e registada.
6. The extent of the rights and obligations attaching to each quota interest is determined by the ratio between its nominal value and that of the share capital, unless by virtue of the law or the articles of association it must be otherwise.
6 - A medida dos direitos e obrigações inerentes a cada quota determina-se segundo a proporção entre o valor nominal desta e o do capital, salvo se por força da lei ou do contrato houver de ser diversa.
7. No certificates representing quota interests may be issued.
7 - Não podem ser emitidos títulos representativos de quotas.
The single quota interest on incorporation, the exception for capital increases, the EUR 1 minimum nominal value, the conditions for consolidation (fully paid up; no different rights and obligations) and its formalities, proportionality, and the ban on certificates 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.