1. A transfer of quota interests inter vivos must be made in writing.
1 - A transmissão de quotas entre vivos deve ser reduzida a escrito.
2. An assignment of quota interests produces no effects vis-à-vis the company until the company has consented to it, unless it is an assignment between spouses, between ascendants and descendants or between members.
2 - A cessão de quotas não produz efeitos para com a sociedade enquanto não for consentida por esta, a não ser que se trate de cessão entre cônjuges, entre ascendentes e descendentes ou entre sócios.
3. A transfer of a quota interest inter vivos becomes effective vis-à-vis the company as soon as it is notified to the company in writing or recognised by it, expressly or tacitly.
3 - A transmissão de quota entre vivos torna-se eficaz para com a sociedade logo que lhe for comunicada por escrito ou por ela reconhecida, expressa ou tacitamente.
The written-form requirement, the consent requirement with its exemptions for assignments between spouses, between ascendants and descendants and between members, and the ways in which a transfer becomes effective vis-à-vis the company 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.