Registered pledgees of shares may receive the monies, etc. (limited to monies) under Article 151, paragraph (1), or monies under paragraph (2) of that Article, and appropriate them as payment to satisfy their own claims in priority to other creditors.
If a stock company performs the acts set forth in the following items, if the claims under the preceding paragraph have not yet become due and payable, the registered pledgees of shares may have the person specified in each of those items deposit an amount equivalent to the value of the monies, etc. provided for in that paragraph. In these cases, the pledge is effective with respect to the monies so deposited:
acts set forth in Article 151, paragraph (1), items (i) through (vi), item (viii), item (ix), or item (xiv):that stock company;
第百五十一条第一項第一号から第六号まで、第八号、第九号又は第十四号に掲げる行為 当該株式会社
merger (but only if the stock company disappears in the merger):the company surviving the absorption-type merger as prescribed in Article 749, paragraph (1) or the company incorporated in the consolidation-type merger as prescribed in Article 753, paragraph (1);
合併(合併により当該株式会社が消滅する場合に限る。) 第七百四十九条第一項に規定する吸収合併存続会社又は第七百五十三条第一項に規定する新設合併設立会社
share exchange:the wholly owning parent company resulting from the share exchange prescribed in Article 767; or
In the case prescribed in Article 151, paragraph (2), if the claim under paragraph (1) has not yet come due and payable, a registered pledgee of shares may have the special controlling shareholders deposit an amount equivalent to the value of the monies under paragraph (2) of that Article. In this case, the pledge is effective with respect to the monies so deposited
Read this with the articles around it
(Effect of Pledging Shares)
If a stock company carries out any of the acts set forth below, the pledge for shares is effective with respect to the monies, etc. (meaning monies and other properties; the same applies hereinafter)…
株式会社が次に掲げる行為をした場合には、株式を目的とする質権は、当該行為によって当該株式の株主が受けることのできる金銭等(金銭その他の財産をいう。以下同じ。)について存在する。
Open this provision(Effect of Pledging Shares)
the acquisition of shares with put options pursuant to the provisions Article 167, paragraph (1);
第百六十七条第一項の規定による取得請求権付株式の取得
Open this provision(Effect of Pledging Shares)
acquisition of shares (excluding the acts set forth in item (i) through item (iii)).
株式の取得(第一号から第三号までに掲げる行為を除く。)
Open this provision(Effect of Pledging Shares)
the acquisition of shares subject to call pursuant to the provisions of Article 170, paragraph (1);
第百七十条第一項の規定による取得条項付株式の取得
Open this provision(Effect of Pledging Shares)
the acquisition of shares subject to class-wide call provided for in Article 171, paragraph (1) pursuant to the provisions of Article 173, paragraph (1);
第百七十三条第一項の規定による第百七十一条第一項に規定する全部取得条項付種類株式の取得
Open this provision(Effect of Pledging Shares)
consolidation of shares;
株式の併合
Open this provision(Effect of Pledging Shares)
share split;
株式の分割
Open this provision(Effect of Pledging Shares)
allotment of shares without contribution provided for in Article 185;
第百八十五条に規定する株式無償割当て
Open this provision(Effect of Pledging Shares)
dividends of surplus;
剰余金の配当
Open this provision(Effect of Pledging Shares)
distribution of residual assets;
残余財産の分配
Open this provision(Effect of Pledging Shares)
If a special controlling shareholder (meaning a special controlling shareholder as prescribed in Article 179, paragraph (1); the same applies in Article 154, paragraph (3)) acquires shares subject to…
特別支配株主(第百七十九条第一項に規定する特別支配株主をいう。第百五十四条第三項において同じ。)が株式売渡請求(第百七十九条第二項に規定する株式売渡請求をいう。)により売渡株式(第百七十九条の二第一項第二号に規定する売渡株式をいう。以下この項において同じ。)の取得をした場合には、売渡株式を目的とする質権は…
Open this provisionRegistered pledgees of shares may receive the monies, etc. (limited to monies) under Article 151, paragraph (1), or monies under paragraph (2) of that Article…
登録株式質権者は、第百五十一条第一項の金銭等(金銭に限る。)又は同条第二項の金銭を受領し、他の債権者に先立って自己の債権の弁済に充てることができる。
Open this provision(Entity Conversion Plans of Stock Companies)
whether a membership company after the entity conversion (hereinafter referred to as the "membership company after entity conversion") is a general partnership company, limited partnership company…
組織変更後の持分会社(以下この編において「組織変更後持分会社」という。)が合名会社、合資会社又は合同会社のいずれであるかの別
Open this provision(Absorption-Type Merger Agreement in Which a Stock Company Survives)
If a company effects an absorption-type merger, if the company surviving the absorption-type merger (hereinafter referred to as the "company surviving the absorption-type merger") is a stock company…
会社が吸収合併をする場合において、吸収合併後存続する会社(以下この編において「吸収合併存続会社」という。)が株式会社であるときは、吸収合併契約において、次に掲げる事項を定めなければならない。
Open this provision(Consolidation-Type Merger Agreements by Which a Stock Company Is Incorporated)
If two or more companies effect a consolidation-type merger, if the company that is incorporated in the consolidation-type merger…
二以上の会社が新設合併をする場合において、新設合併により設立する会社(以下この編において「新設合併設立会社」という。)が株式会社であるときは、新設合併契約において、次に掲げる事項を定めなければならない。
Open this provision(Conclusion of a Share Exchange Agreement)
A stock company may effect a share exchange. In these cases, the stock company must conclude a stock exchange agreement with the company acquiring all of its issued shares…
株式会社は、株式交換をすることができる。この場合においては、当該株式会社の発行済株式の全部を取得する会社(株式会社又は合同会社に限る。以下この編において「株式交換完全親会社」という。)との間で、株式交換契約を締結しなければならない。
Open this provision(Share Transfer Plans)
the purpose, trade name, location of the head office, and the total number of authorized shares of the stock company incorporated in the share transfer…
株式移転により設立する株式会社(以下この編において「株式移転設立完全親会社」という。)の目的、商号、本店の所在地及び発行可能株式総数
Open this provisionentity conversion
「組織変更」
A company's changing its legal form, either from a stock company into a membership company (a general partnership, limited partnership or limited liability company) or the other way round.
Defined inArticle 2, paragraph (1), item (xxvi)· applies throughout the law
share exchange
「株式交換」
A stock company's having all of its issued shares acquired by another existing stock company or limited liability company, which becomes its sole owner.
Defined inArticle 2, paragraph (1), item (xxxi)· applies throughout the law
share transfer
「株式移転」
One or more stock companies having all of their issued shares acquired by a newly formed stock company, which becomes their sole owner.
Defined inArticle 2, paragraph (1), item (xxxii)· applies throughout the law
registered pledgee of shares
「登録株式質権者」
A person holding a pledge over shares who is entered as pledgee in the company's shareholder register.
Short name set inArticle 149, paragraph (1)
monies, etc.machine translation
「金銭等」
Money and any other property.
Defined inArticle 151, paragraph (1)
special controlling shareholdermachine translation
「特別支配株主」
A person who, together with the stock companies it wholly owns and similar corporations set by Ministry of Justice Order (法務省令), holds nine tenths or more of the votes in a stock company (or any higher proportion its articles of incorporation set), and who may therefore demand that all other shareholders sell it their shares.
Defined inArticle 151, paragraph (2)· applies only in this provision and in Article 154, paragraph (3)
membership company after entity conversion
「組織変更後持分会社」
The membership company that a stock company becomes through entity conversion.
Short name set inArticle 744, paragraph (1), item (i)· applies only in this part
company surviving the absorption-type merger
「吸収合併存続会社」
The company that survives an absorption-type merger and takes over the rights and obligations of the company that ceases to exist.
Short name set inArticle 749, paragraph (1)· applies only in this part
company incorporated in the consolidation-type merger
「新設合併設立会社」
The new company formed in a consolidation-type merger, which takes over all the rights and obligations of the companies that merged into it.
Short name set inArticle 753, paragraph (1)· applies only in this part
wholly owning parent company resulting from the share exchangemachine translation
「株式交換完全親会社」
The stock company or limited liability company that acquires all the issued shares of another stock company in a share exchange.
Short name set inArticle 767, paragraph (1)· applies only in this part
wholly owning parent company incorporated in a share transfermachine translation
「株式移転設立完全親会社」
The new stock company formed in a share transfer, which acquires all the issued shares of the companies carrying it out.
Short name set inArticle 773, paragraph (1), item (i)· applies only in this part