Portugal–Spain border Portugal–Spain border The Portugal–Spain border is the international boundary between Portugal and Spain. Referred to as "la Raya" in Spanish and "A Raia" in Portuguese (the stripe), the current demarcation is almost identical to that defined in 1297 by the Treaty of Alcañices. It is one of the oldest borders in the world. The Portugal–Spain border is 1,214 km (754 miles) long and considered the longest uninterrupted border within the European Union. The border is not defined for 18 km (11 miles) between the Caia river and Ribeira de Cuncos, because of the disputed status of Olivenza, which has been
Issued shares not change, in relation to the issuing corporation after that time. Shares are most commonly issued fully paid, in which case the liability of the shareholders is limited to the amount paid on the shares; but they may also be issued partly paid, with unlimited liability, subject to guarantee, or some other form. Issued shares Issued shares is a term of law and finance for the number of shares of a corporation which have been allocated (allotted) and are subsequently held by shareholders. The act of creating new issued shares is called "issuance", "allocation" or "allotment". Allotment is simply the