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Article 112Special Provisions on Abolition of Provisions in Articles of Incorporation on Class Shares in Relation to Election of Directors

第百十二条(取締役の選任等に関する種類株式の定款の定めの廃止の特則)

The provisions in the articles of incorporation on the matters set forth in Article 108, paragraph (2), item (ix) (limited to those on directors) are deemed to have been abolished, if the number of directors is less than the number prescribed in this Act or the articles of incorporation, and hence it is not possible to elect directors in a number sufficient to satisfy the requirement.

第百八条第二項第九号に掲げる事項(取締役に関するものに限る。)についての定款の定めは、この法律又は定款で定めた取締役の員数を欠いた場合において、そのために当該員数に足りる数の取締役を選任することができないときは、廃止されたものとみなす。

The provisions of the preceding paragraph apply mutatis mutandis to the provisions of the articles of incorporation on the matters set forth in Article 108, paragraph (2), item (ix) (limited to those on company auditors).

前項の規定は、第百八条第二項第九号に掲げる事項(監査役に関するものに限る。)についての定款の定めについて準用する。

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