Chapter III · Quota interests · Section IV · Redemption of a quota

Article 237 Internal and external effects as regards capital

Artigo 237.º · Efeitos internos e externos quanto ao capital

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

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1. If the redemption of a quota interest is not accompanied by a corresponding capital reduction, the quota interests of the other members shall be increased proportionally.

1 - Se a amortização de uma quota não for acompanhada da correspondente redução de capital, as quotas dos outros sócios serão proporcionalmente aumentadas.

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2. The members must set the new nominal value of the quota interests by resolution.

2 - Os sócios devem fixar por deliberação o novo valor nominal das quotas.

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3. The articles of association may, however, provide that the quota interest is to be shown in the balance sheet as a redeemed quota interest, and may also permit one or more quota interests to be created subsequently, by resolution of the members, in place of the redeemed quota interest, for disposal to one or some of the members or to third parties.

3 - O contrato de sociedade pode, porém, estipular que a quota figure no balanço como quota amortizada, e bem assim permitir que, posteriormente e por deliberação dos sócios, em vez da quota amortizada, sejam criadas uma ou várias quotas, destinadas a serem alienadas a um ou a alguns sócios ou a terceiros.

What we checked in this article

The proportional increase of the remaining quota interests where capital is not reduced, the resolution fixing the new nominal values and the option in the articles to carry a redeemed quota interest and later create new quota interests in its place 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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