Membership status arises upon the execution of the articles of association or upon the capital increase and does not depend on the issue and delivery of the share certificate or, in the case of book-entry shares, on entry in the individual registration account.
A qualidade de sócio surge com a celebração do contrato de sociedade ou com o aumento do capital, não dependendo da emissão e entrega do título de acção ou, tratando-se de acções escriturais, da inscrição na conta de registo individualizado.
Membership arises on execution of the articles of association or on the capital increase, independently of issue of the share certificate or entry in the individual registration account.
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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.