State Act

Portuguese Civil Code, 1867

Article 1010 – Priority amongst special privileges under the same number - When there are competing creditors all of whom have special mobiliary credits, over the same objects, and their respective credits having also the same numeration, the payment shall be made by distributing rateably amongst them the value of the object or objects over which the privileges lie. § Sole paragraph: The same rule applies to the general preference on mobiliaries of the same category with same numbering.