State Act

Code of Comunidades of 1961

Art. 438 – The comunidade acquires shares of the comunidade by prescription if the dividends are not claimed for thirty consecutive years. Sole § On expiry of this period, the administrator, having complied with the formalities prescribed in paragraph 1 of article 25, shall order their registration in favour of the comunidade, when there is no complaint, or when the claimer, having been advised to take up ordinary means, fails to initiate competent action within thirty days, with service of summons on the comunidade, in order to establish ownership.