State Act

1036

Section 1036. Insolvency and bad faith

Portuguese Civil Code, 1867

Act no. none printed (index gives 0)1867In forceGoa (State Act)

Article 1036 – Insolvency and bad faith - There is insolvency, where the total of the assets and credits of the debtor, estimated by fair value, do not equal to total of his debts. Bad faith in such case consists on the knowledge of such state of affairs.