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Article 50Right of Subscribers of Shares

第五十条(株式の引受人の権利)

As at formation of a stock company, the incorporator becomes a shareholder for the shares issued at incorporation for which the performance of contributions has been fulfilled.

発起人は、株式会社の成立の時に、出資の履行をした設立時発行株式の株主となる。

The transferring of a right to become a shareholder pursuant to the provisions of the preceding paragraph may not be asserted against the stock company after the formation.

前項の規定により株主となる権利の譲渡は、成立後の株式会社に対抗することができない。

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