Title VII · Criminal provisions

Article 520 Misleading notice of meeting

Artigo 520.º · Convocatória enganosa

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

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1. Any person who, being responsible for convening a general meeting of members, a special meeting of shareholders or a meeting of bondholders, personally or through another person acting on their instructions includes information contrary to the truth in the notice of meeting is punishable, unless a more severe penalty applies under another statutory provision, by imprisonment for up to 1 year or a fine.

1 - Aquele que, competindo-lhe convocar assembleia geral de sócios, assembleia especial de acionistas ou assembleia de obrigacionistas, por mão própria ou a seu mandado fizer constar da convocatória informações contrárias à verdade é punido, se pena mais grave não couber por força de outra disposição legal, com pena de prisão até 1 ano ou com pena de multa.

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2. The same penalty applies to any person who, in the circumstances described in the preceding paragraph, maliciously causes incomplete information to be included in the notice of meeting on matters which it must contain by law or under the articles of association and which may lead the recipients to erroneous conclusions with an effect identical or similar to that of false information on the same subject.

2 - Com a mesma pena será punido aquele que, nas circunstâncias descritas no número anterior, fizer maliciosamente constar da convocatória informações incompletas sobre matéria que por lei ou pelo contrato social ela deva conter e que possam induzir os destinatários a conclusões erróneas de efeito idêntico ou semelhante ao de informações falsas sobre o mesmo objecto.

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3. If the act is committed with intent to cause damage, pecuniary or non-pecuniary, to the company or to any member, the penalty is imprisonment for up to 2 years or a fine.

3 - Se o facto for praticado com intenção de causar dano, material ou moral, à sociedade ou a algum sócio, a pena é de prisão até 2 anos ou pena de multa.

What we checked in this article

The subsidiarity clause, the malice requirement for incomplete information on matters the notice must contain, and the 2-year aggravation for intent to harm the company or a member 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.

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