1 article
When a bankruptcy trustee, temporary administrator, bankruptcy trustee representative, or temporary administrator representative has committed an act in breach of their duties and caused financial loss to creditors for the purpose of promoting their own interest or the interest of a third party, or inflicting damage on creditors, the person is punishable by imprisonment for not more than ten years or a fine of not more than ten million yen, or both.
When a bankruptcy trustee or temporary administrator is a corporation, the provisions of the preceding paragraph apply to the officers or employees who perform the duties of a bankruptcy trustee or temporary administrator.
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