1. A manager’s resignation must be notified to the company in writing and takes effect eight days after the notice is received.
1 - A renúncia de gerentes deve ser comunicada por escrito à sociedade e torna-se efectiva oito dias depois de recebida a comunicação.
2. Resignation without just cause obliges the resigning manager to compensate the company for the losses caused, unless the company is given reasonable advance notice.
2 - A renúncia sem justa causa obriga o renunciante a indemnizar a sociedade pelos prejuízos causados, salvo se esta for avisada com a antecedência conveniente.
Written notice to the company, effect eight days after receipt, and liability for resignation without just cause unless reasonable advance notice was given 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.