1. One vote is counted for each cent of the nominal value of the quota interest.
1 - Conta-se um voto por cada cêntimo do valor nominal da quota.
2. The articles of association may, however, confer, as a special right, two votes for each cent of the nominal value of the quota interest or quota interests of members which, in total, do not correspond to more than 20% of the capital.
2 - É, no entanto, permitido que o contrato de sociedade atribua, como direito especial, dois votos por cada cêntimo de valor nominal da quota ou quotas de sócios que, no total, não correspondam a mais de 20% do capital.
3. Unless the law or the articles of association provide otherwise, resolutions are deemed adopted if they obtain a majority of the votes cast, abstentions not being counted as votes cast.
3 - Salvo disposição diversa da lei ou do contrato, as deliberações consideram-se tomadas se obtiverem a maioria dos votos emitidos, não se considerando como tal as abstenções.
One vote per cent of nominal value, the special right to two votes per cent capped at quota interests totalling not more than 20% of the capital, and the simple majority of votes cast with abstentions not counted are retained.
We advise on Portuguese company law in English every day: formation, capital, members’ resolutions, managers’ liability and restructuring. A written answer and a fixed quote within one working day.
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.