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Article 209Timing of Shareholder Status

第二百九条(株主となる時期等)

In the cases set forth in the following items, a subscriber for shares for subscription becomes the shareholder of the shares for subscription for which the subscriber effects the performance of contribution on the day prescribed in each of these items:

募集株式の引受人は、次の各号に掲げる場合には、当該各号に定める日に、出資の履行をした募集株式の株主となる。

if a date under Article 199, paragraph (1), item (iv) is prescribed:relevant date; and

第百九十九条第一項第四号の期日を定めた場合 当該期日

if a period under Article 199, paragraph (1), item (iv) is prescribed:the day on which the performance of contribution is effected.

第百九十九条第一項第四号の期間を定めた場合 出資の履行をした日

In the cases set forth in the items of Article 213-2, paragraph (1), a subscriber of shares for subscription may not exercise the rights of shareholders with respect to shares for subscription for which the performance of contribution is falsified, only after the payment prescribed in those items or the payment pursuant to the provisions of Article 213-3, paragraph (1) is made.

募集株式の引受人は、第二百十三条の二第一項各号に掲げる場合には、当該各号に定める支払若しくは給付又は第二百十三条の三第一項の規定による支払がされた後でなければ、出資の履行を仮装した募集株式について、株主の権利を行使することができない。

A person who accepts transfer of shares for subscription as referred to in the preceding paragraph may exercise the right of shareholders with respect to the shares for subscription;provided, however, that this does not apply when the person has acted in bad faith or with gross negligence.

前項募集株式を譲り受けた者は、当該募集株式についての株主の権利を行使することができる。ただし、その者に悪意又は重大な過失があるときは、この限りでない。

Notwithstanding the provisions of paragraph (1), if there are provisions with respect to the matters set forth in each item of Article 202-2, paragraph (1) pursuant to the provisions of the second sentence of that paragraph, a subscriber for shares for subscription becomes the shareholder of the shares for subscription that the subscriber subscribed to on the day of allotment.

第一項の規定にかかわらず、第二百二条の二第一項後段の規定による同項各号に掲げる事項についての定めがある場合には、募集株式の引受人は、割当日に、その引き受けた募集株式の株主となる。

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