Bearer Securities prohibited in Portugal (May 2017)

May 12, 2017 | Artigos

Luís Moreira Cortez comments the recent Law n.º 15/2017 of May, 3rd which prohibits the issuance of bearer securities as of May, 4th of 2017 and requires the conversion of the existing ones into nominal securities until November, 4th of 2017, amending the Corporate Code and the Securities Code.

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