1. Within 90 days following the last publication of the notice of the resolutions or the receipt of the registered letter, an outside member may oppose the subordination agreement on the grounds of breach of the provisions of this law or insufficiency of the consideration offered.
1 - Nos 90 dias seguintes à última das publicações do anúncio das deliberações ou à recepção da carta registada pode o sócio livre opor-se ao contrato de subordinação, com fundamento em violação do disposto nesta lei ou em insuficiência da contrapartida oferecida.
2. The opposition is made in the manner provided for opposition by creditors in mergers of companies; the judge shall in all cases order the directing company to disclose the amount of the consideration paid to, or agreed with, other outside members.
2 - A oposição realiza-se pela forma prevista para a oposição de credores, em casos de fusão de sociedades; o juiz ordenará sempre que a sociedade directora informe o montante das contrapartidas pagas a outros sócios livres ou acordadas com eles.
3. The management bodies of the companies are prohibited from concluding the subordination agreement before the period referred to in paragraph 1 of this Article has elapsed or before any oppositions of which they have knowledge, in whatever manner, have been decided.
3 - É vedado às administrações das sociedades celebrarem o contrato de subordinação antes de decorrido o prazo referido no n.º 1 deste artigo ou antes de terem sido decididas as oposições de que, por qualquer forma, tenham conhecimento.
4. The judicial determination of the consideration for the acquisition by the directing company or of the profits guaranteed by it benefits all outside members, whether or not they have filed an opposition.
4 - A fixação judicial da contrapartida da aquisição pela sociedade directora ou dos lucros garantidos por esta aproveita a todos os sócios livres, tenham ou não deduzido oposição.
The 90-day opposition period and its two grounds, the court's duty to order disclosure of consideration paid to other outside members, the bar on concluding the agreement while the period runs or oppositions are pending, and the benefit of judicial determination to all outside members 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.