Article 102-2Responsibilities of Subscribers for the Shares Solicited at Incorporation for Which Payment Is Falsified
第百二条の二(払込みを仮装した設立時募集株式の引受人の責任)
In the case prescribed in paragraph (3) of the preceding Article, a subscriber for the shares solicited at incorporation is liable to pay the entire amount of payment for which the payment was falsified, to the stock company.
The obligation assumed by a subscriber for the shares solicited at incorporation pursuant to the provisions of the preceding paragraph may not be exempted without the consent of all shareholders.
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shares solicited at incorporation
「設立時募集株式」
Shares issued at incorporation that are allotted to the persons who apply for them when the incorporators invite outside subscriptions.
Defined inArticle 58, paragraph (1)· applies only in this section