Chapter VIII · Amendments to the articles of association

Article 265 Required majority

Artigo 265.º · Maioria necessária

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

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1. Resolutions amending the articles of association may be adopted only by a majority of three quarters of the votes corresponding to the share capital or by such higher number of votes as the articles of association require.

1 - As deliberações de alteração do contrato só podem ser tomadas por maioria de três quartos dos votos correspondentes ao capital social ou por número ainda mais elevado de votos exigido pelo contrato de sociedade.

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2. The articles of association may stipulate that they may be amended, in whole or in part, only with the favourable vote of a specified member, for as long as that member remains in the company.

2 - É permitido estipular no contrato de sociedade que este só pode ser alterado, no todo ou em parte, com o voto favorável de um determinado sócio, enquanto este se mantiver na sociedade.

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3. Paragraph 1 of this Article applies to resolutions on the merger, division and conversion of the company.

3 - O disposto no n.º 1 deste artigo aplica-se à deliberação de fusão, de cisão e de transformação da sociedade.

What we checked in this article

The three-quarters majority of the votes corresponding to the share capital, the possibility of a higher contractual majority, the individual member's veto while that member remains in the company, and the extension to merger, division and conversion 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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