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State Act

1253

Section 1253. Delay in paying amount due by a shareholder

Portuguese Civil Code, 1867

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

Article 1253 - Delay in paying amount due by a shareholder - A shareholder who does not come into the society with the amount of money which he bound himself to bring, shall be liable to pay interest to the firm on this amount from the day on which the installment becomes due.

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