1. Only general partners may be managers, unless the articles of association permit management to be entrusted to limited partners.
1 - Só os sócios comanditados podem ser gerentes, salvo se o contrato de sociedade permitir a atribuição da gerência a sócios comanditários.
2. However, where the articles of association so authorise, the management may delegate its powers to a limited partner or to a person outside the company.
2 - Pode, porém, a gerência, quando o contrato o autorize, delegar os seus poderes em sócio comanditário ou em pessoa estranha à sociedade.
3. The delegate must state that capacity in all acts in which the delegate takes part.
3 - O delegado deve mencionar esta qualidade em todos os actos em que intervenha.
4. Where the managers in office are prevented from acting or are absent, any member, even a limited partner, may perform urgent acts and acts of mere routine administration, but must declare the capacity in which that member acts and, if urgent acts have been performed, must immediately convene the general meeting so that it may ratify those acts and confirm that member in provisional management or appoint other managers.
4 - No caso de impedimento ou falta dos gerentes efectivos, pode qualquer sócio, mesmo comanditário, praticar actos urgentes e de mero expediente, mas deve declarar a qualidade em que age e, no caso de ter praticado actos urgentes, convocar imediatamente a assembleia geral para que esta ratifique os seus actos e o confirme na gerência provisória ou nomeie outros gerentes.
5. Acts performed under the preceding paragraph remain effective vis-à-vis third parties even if they are not ratified, but failure to ratify them renders their author liable to the company under the general rules.
5 - Os actos praticados nos termos do número anterior mantêm os seus efeitos para com terceiros, embora não ratificados, mas a falta de ratificação torna o autor desses actos responsável, nos termos gerais, para com a sociedade.
The restriction of management to general partners (unless the articles allow limited partners), delegation only where authorised, the delegate's duty to state that capacity, any member's power to perform urgent and routine acts with the duty to convene the general meeting immediately, and the effectiveness of unratified acts towards third parties with liability to the company are retained.
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.