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9530055 AI generated

Portuguese court confirms collective endorsement validity when formula matches 'good for endorsement' and signatures are present.

Case Number 9530055
Court / Authority
Jurisdiction Portugal (PT)
Decision Date
Outcome Allowed / Granted
Open official source Machine-readable Markdown (.md)

Legislator summary

AI generated

The Tribunal da Relação do Porto confirmed the lower court's decision regarding the validity of a collective endorsement. The plaintiff argued that the phrase 'we give our endorsement to the subscriber' combined with two signatures constituted a complete collective endorsement. The court ruled that this specific wording is legally equivalent to the standard 'good for endorsement' formula, thereby validating the endorsement despite the non-standard phrasing.

Legislator headnote

Official

LIVRANÇA AVAL

Keywords

AI generated
collective endorsement LULL Article 31 LULL Article 77 endorsement validity signature requirements

Cited Legislation

AI generated
Art. 31 LULL
Art. 77 LULL

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Full text

[Nº CONVENCIONAL] JTRP00013998

[Nº DO DOCUMENTO] RP199505259530055

[PRIVACIDADE] 1

[TEXTO INTEGRAL] N

[URL] https://www.dgsi.pt/jtrp.nsf/56a6e7121657f91e80257cda00381fdf/0518F4F55190AFA08025686B0066ACEB?OpenDocument

SUMÁRIO

I - A expressão " damos o nosso aval à subscritora ", seguido de duas assinaturas, envolve um aval colectivo e completo, pois exprimiu-se por uma fórmula equivalente à de " bom para aval ", foi assinada pelo dador do aval e indicou a pessoa por quem se deu.