State Act

1242

Section 1242. Nullity of leonine society

Portuguese Civil Code, 1867

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

Article 1242 – Nullity of leonine society – A society, in which it is agreed that all the profits shall belong to one or some of the shareholders, and all the losses, shall be the liability of the other or others, shall be void.