Chapter VIII · Amendments to the articles of association

Article 268 Obligations and rights of existing and new members in a capital increase

Artigo 268.º · Obrigações e direitos de antigos e novos sócios em aumento de capital

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

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1. Members who approve a resolution for a capital increase to be made by themselves are thereby bound, without more, to make their respective contributions in proportion to their initial pre-emption right, if they have one in that case.

1 - Os sócios que aprovarem a deliberação de aumento de capital a realizar por eles próprios ficam, sem mais, obrigados a efectuar as respectivas entradas na proporção do seu inicial direito de preferência, se nesse caso o tiverem.

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2. Where the capital increase is intended for the admission of new members, they must declare that they agree to join on the terms of the articles of association in force and of the resolution increasing the capital.

2 - Sendo o aumento de capital destinado à admissão de novos sócios, estes devem declarar que aceitam associar-se nas condições do contrato vigente e da deliberação de aumento do capital.

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3. The declaration provided for in Article 88(2) may be made only after all the new members have complied with the preceding paragraph.

3 - A declaração prevista no n.º 2 do artigo 88.º apenas pode ser prestada depois de todos os novos sócios terem dado cumprimento ao disposto no número anterior.

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4. Once the contribution in kind or in cash has been made, the person concerned may give the company notice, by registered letter, to make the declaration provided for in the preceding paragraph within a period of not less than 30 days, after which that person may demand the return of the contribution made and any compensation due in the case.

4 - Efectuada a entrada em espécie ou em dinheiro, pode o interessado notificar, por carta registada, a sociedade para proceder à declaração prevista no número anterior em prazo não inferior a 30 dias, decorrido o qual pode exigir a restituição da entrada efectuada e a indemnização que no caso couber.

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5. The resolution increasing the capital lapses if the company has not made the declaration, in the case provided for in the preceding paragraph, or if the person concerned does not comply with paragraph 2 of this Article by the date the company has set for that person, by registered letter, at least 20 days in advance.

5 - A deliberação de aumento do capital caduca se a sociedade não tiver emitido a declaração, na hipótese prevista no número anterior, ou se o interessado não cumprir o disposto no n.º 2 deste artigo, na data que a sociedade lhe tenha marcado, por carta registada, com a antecedência mínima de 20 dias.

What we checked in this article

The automatic contribution obligation of approving members, the new members' declaration as a precondition for the Article 88(2) declaration, the period of not less than 30 days, the 20-day minimum notice and the lapse of the resolution 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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