Chapter VI · Management and supervision

Article 260 Binding the company

Artigo 260.º · Vinculação da sociedade

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

#

1. Acts performed by the managers in the company’s name and within the powers conferred on them by law bind the company vis-à-vis third parties, notwithstanding any limitations contained in the articles of association or arising from members’ resolutions.

1 - Os actos praticados pelos gerentes, em nome da sociedade e dentro dos poderes que a lei lhes confere, vinculam-na para com terceiros, não obstante as limitações constantes do contrato social ou resultantes de deliberações dos sócios.

#

2. The company may, however, invoke against third parties the limitations on powers arising from its object, if it proves that the third party knew or, in view of the circumstances, could not have been unaware that the act performed did not comply with that clause, and if the company has not in the meantime assumed the act by express or tacit resolution of the members.

2 - A sociedade pode, no entanto, opor a terceiros as limitações de poderes resultantes do seu objecto social, se provar que o terceiro sabia ou não podia ignorar, tendo em conta as circunstâncias que o acto praticado não respeitava essa cláusula e se, entretanto, a sociedade o não assumiu, por deliberação expressa ou tácita dos sócios.

#

3. The knowledge referred to in the preceding paragraph cannot be proved solely by the publication of the articles of association.

3 - O conhecimento referido no número anterior não pode ser provado apenas pela publicidade dada ao contrato de sociedade.

#

4. In written acts, managers bind the company by affixing their signature together with an indication of that capacity.

4 - Os gerentes vinculam a sociedade, em actos escritos, apondo a sua assinatura com indicação dessa qualidade.

#

5. Notices or declarations by a manager addressed to the company must be directed to another manager or, if there is no other manager, to the supervisory body or, if there is none, to any member.

5 - As notificações ou declarações de um gerente cujo destinatário seja a sociedade devem ser dirigidas a outro gerente, ou, se não houver outro gerente, ao órgão de fiscalização, ou, não o havendo, a qualquer sócio.

What we checked in this article

The rule that internal limitations do not bind third parties, the object-clause exception (burden of proof on the company, knowledge or inability to be unaware, no subsequent assumption by the members), the insufficiency of publication alone, the signature requirement and the order of addressees for a manager's notices are retained.

Is Article 260 relevant to a company you run or plan to set up?

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.

Applying the law

Portuguese company law, explained in English by the people who apply it

Reading the statute is the first step. Applying it to your articles of association, your capital and your board is where mistakes cost money. Tell us what you are deciding and we will set out the rules that apply and what it costs to get it done.

Get a quote