Chapter VI · Management, supervision and company secretary · Section IV · Executive board of directors

Article 431 Powers of the executive board of directors

Artigo 431.º · Competências do conselho de administração executivo

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

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1. The executive board of directors is responsible for managing the company’s activities, without prejudice to Article 442(1).

1 - Compete ao conselho de administração executivo gerir as actividades da sociedade, sem prejuízo do disposto no n.º 1 do artigo 442.º

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2. The executive board of directors has full powers to represent the company vis-à-vis third parties, without prejudice to point (c) of Article 441.

2 - O conselho de administração executivo tem plenos poderes de representação da sociedade perante terceiros, sem prejuízo do disposto na alínea c) do artigo 441.º

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3. Articles 406, 408 and 409 apply to the directors’ powers of management and representation, with the modifications resulting from the powers conferred by law on the general and supervisory board.

3 - Aos poderes de gestão e de representação dos administradores é aplicável o disposto nos artigos 406.º, 408.º e 409.º, com as modificações determinadas pela competência atribuída na lei ao conselho geral e de supervisão.

What we checked in this article

The management and full representation powers, subject to Article 442(1) and point (c) of Article 441, and the application of Articles 406, 408 and 409 as modified by the general and supervisory board's powers 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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