1. The company may not acquire own quota interests that are not fully paid up, except in the case of forfeiture to the company provided for in Article 204.
1 - A sociedade não pode adquirir quotas próprias não integralmente liberadas, salvo o caso de perda a favor da sociedade, previsto no artigo 204.º.
2. Own quota interests may be acquired by the company only free of charge, in enforcement proceedings brought against the member, or if the company has free reserves available for that purpose in an amount not less than twice the consideration to be paid.
2 - As quotas próprias só podem ser adquiridas pela sociedade a título gratuito, ou em acção executiva movida contra o sócio, ou se, para esse efeito, ela dispuser de reservas livres em montante não inferior ao dobro do contravalor a prestar.
3. Acquisitions of own quota interests in breach of this Article are void.
3 - São nulas as aquisições de quotas próprias com infracção do disposto neste artigo.
The bar on acquiring own quota interests not fully paid up (save forfeiture under Article 204), the three alternative permitted grounds including free reserves of at least twice the consideration, nullity, and the cross-reference to Article 324 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.