1. A member may be excluded from the company in the cases and on the terms provided for in this law, and also in the cases relating to that member’s person or conduct laid down in the articles of association.
1 - Um sócio pode ser excluído da sociedade nos casos e termos previstos na presente lei, bem como nos casos respeitantes à sua pessoa ou ao seu comportamento fixados no contrato.
2. Where exclusion takes place by virtue of the articles of association, the provisions on the redemption of quota interests apply.
2 - Quando houver lugar à exclusão por força do contrato, são aplicáveis os preceitos relativos à amortização de quotas.
3. The articles of association may lay down, for the case of exclusion, a value, or a criterion for determining the value, of the quota interest that differs from that prescribed for cases of redemption of quota interests.
3 - O contrato de sociedade pode fixar, para o caso de exclusão, um valor ou um critério para a determinação do valor da quota diferente do preceituado para os casos de amortização de quotas.
The two sources of exclusion (statutory cases and cases relating to the member's person or conduct laid down in the articles), the application of the redemption rules to contractual exclusion and the freedom to set a different value or valuation criterion 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.