Title VIII · Final and transitional provisions

Article 531 Multiple voting rights

Artigo 531.º · Voto plural

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

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1. Multiple voting rights lawfully created before the entry into force of this law are maintained.

1 - Os direitos de voto plural constituídos legalmente antes da entrada em vigor desta lei mantêm-se.

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2. Such rights may be extinguished or limited by a resolution of the members adopted in accordance with the rules for amending the articles of association, without the consent of the members holding those rights being required.

2 - Tais direitos podem ser extintos ou limitados por deliberação dos sócios tomada nos termos previstos para a alteração do contrato, sem necessidade de consentimento dos sócios titulares desses direitos.

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3. However, where such rights were granted in consideration of special contributions to the company in addition to the capital contributions, the company must pay fair compensation for their extinction or limitation.

3 - Todavia, caso tais direitos tenham sido concedidos em contrapartida de contribuições especiais para a sociedade, para além das entradas, a sociedade deve pagar uma indemnização equitativa pela sua extinção ou limitação.

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4. The compensation referred to in the preceding paragraph may be claimed in court within 60 days of the date on which the member became aware of the resolution or, if the resolution is challenged, of the date on which the corresponding judgment became final.

4 - A indemnização referida no número anterior pode ser pedida judicialmente no prazo de 60 dias a contar da data em que a sócio teve conhecimento da deliberação ou, se esta for impugnada, do trânsito em julgado da respectiva sentença.

What we checked in this article

The preservation of lawfully created multiple voting rights, their extinction or limitation by resolution without the holders' consent, the duty to pay fair compensation where they were granted for special contributions, and the 60-day period for a court claim 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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