section 1287
Immovables acquired by shareholders
The Portuguese Civil Code, 1867General18672540 sections
Statutory text
The acquisitions of immobile assets, made by the shareholders, shall also be of their exclusive property, even though they declare, that the purchase is done in common, if they have not been specially authorized by the other shareholders; save and except right of the Society to recover damages if such acquisitions were made with common funds.
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