Chapter I · Common provisions

Article 469 Transfer of general partners’ interests

Artigo 469.º · Transmissão de partes de sócios comanditados

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

#

1. The transfer inter vivos of a general partner’s interest is effective only if it is consented to by a resolution of the members, unless the articles of association provide otherwise.

1 - A transmissão entre vivos da parte de um sócio comanditado só é eficaz se for consentida por deliberação dos sócios, salvo disposição contratual diversa.

#

2. The transfer on death of a general partner’s interest is governed by the provisions on the transfer of members’ interests in general partnerships.

2 - À transmissão por morte da parte de um sócio comanditado é aplicável o disposto a respeito da transmissão de partes de sócios de sociedades em nome colectivo.

What we checked in this article

The requirement of the members' consent by resolution for transfers inter vivos (subject to the articles) and the application of the general partnership rules to transfers on death are retained.

Is Article 469 relevant to a company you run or plan to set up?

We advise on Portuguese company law in English every day: formation, capital, members’ resolutions, managers’ liability and restructuring. A written answer and a fixed quote within one working day.

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.

Applying the law

Portuguese company law, explained in English by the people who apply it

Reading the statute is the first step. Applying it to your articles of association, your capital and your board is where mistakes cost money. Tell us what you are deciding and we will set out the rules that apply and what it costs to get it done.

Get a quote