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No Par Value Shares in the Portuguese Legal System

Published online by Cambridge University Press:  26 March 2012

Paulo de Tarso Domingues
Paulo de Tarso Domingues
Affiliation:
Professor of Company Law, Faculty of Law, University of Porto.
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Abstract

This paper analyses the new Portuguese legal system of no par value shares – recently introduced in Portugal by Decree Law 49/2010, published on 19 May – as well as the main reason for this legal solution: to make corporate financing in the stock market more flexible.

Keywords

company lawlegal capitalno par sharesissue priceaccountable value
Type
Articles
Information
European Business Organization Law Review (EBOR) , Volume 13 , Issue 1 , March 2012 , pp. 125 - 140
Copyright
Copyright © T.M.C. Asser Press and the Authors 2012

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