In general partnerships and limited partnerships, mistake, fraud, duress, usury and incapacity render the articles of association voidable in relation to the party lacking capacity or affected by the defect of consent or usury; the transaction may, however, be annulled in relation to all members if, having regard to the test laid down in Article 292 of the Civil Code, it cannot be preserved in respect of the interests of the other members alone.
Nas sociedades em nome colectivo e em comandita simples o erro, o dolo, a coacção, a usura e a incapacidade determinam a anulabilidade do contrato em relação ao contraente incapaz ou ao que sofreu o vício da vontade ou a usura; no entanto, o negócio poderá ser anulado quanto a todos os sócios, se, tendo em conta o critério formulado no artigo 292.º do Código Civil, não for possível a sua redução às participações dos outros.
Relative annulment and possible preservation of the other members' interests are distinguished.
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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.