State Act

Portuguese Civil Code, 1867

Article 58 – Inventory and security for the purpose of receiving assets – The appointed curator shall receive the assets of the absentee through inventory and shall furnish sufficient security for the value of the movables and the net income of the immovable assets for one year. § Sole paragraph – When the appointed curator is unable to furnish the security as above, the judge shall order the deposit of the movables which can be usefully preserved and the remaining shall be sold in auction and the proceeds thereof as well as other funds shall be invested in securities which offer sufficient security.