1. A manager or director of a company who proposes an unlawful distribution of company assets for resolution by the members in general meeting is punishable by imprisonment for up to 1 year or a fine.
1 - O gerente ou administrador de sociedade que propuser à deliberação dos sócios, reunidos em assembleia, distribuição ilícita de bens da sociedade é punido com pena de prisão até 1 ano ou com pena de multa.
2. If the unlawful distribution is carried out, in whole or in part, the penalty is imprisonment for up to 1 year and 6 months or a fine.
2 - Se a distribuição ilícita for executada, no todo ou em parte, a pena é de prisão até 1 ano e 6 meses ou pena de multa.
3. If the unlawful distribution is carried out, in whole or in part, without a resolution of the members in general meeting, the penalty is imprisonment for up to 2 years or a fine.
3 - Se a distribuição ilícita for executada, no todo ou em parte, sem deliberação dos sócios, reunidos em assembleia, a pena é de prisão até 2 anos ou pena de multa.
4. A manager or director of a company who carries out, or causes another person to carry out, a distribution of company assets in disregard of a valid resolution of a duly constituted company meeting is likewise punishable by imprisonment for up to 2 years or a fine.
4 - O gerente ou administrador de sociedade que executar ou fizer executar por outrem distribuição de bens da sociedade com desrespeito de deliberação válida de assembleia social regularmente constituída é, igualmente, punido com pena de prisão até 2 anos ou com pena de multa.
5. If, in any of the cases provided for in paragraphs 3 and 4, serious damage, pecuniary or non-pecuniary, which the offender could have foreseen, is caused to any member who did not consent to the act, to the company or to a third party, the penalty is imprisonment for up to 3 years or a fine.
5 - Se, em algum dos casos previstos nos n.os 3 e 4, for causado dano grave, material ou moral, e que o autor pudesse prever, a algum sócio que não tenha dado o seu assentimento para o facto, à sociedade ou a terceiro, a pena é de prisão até 3 anos ou pena de multa.
The graduated penalties (1 year; 1 year and 6 months if executed; 2 years if executed without a resolution or in disregard of a valid resolution; 3 years for foreseeable serious damage, limited to paragraphs 3 and 4), each alternatively a fine, 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.