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Article 509

第五百九条

The provisions set forth below do not apply to liquidating stock companies:

次に掲げる規定は、清算株式会社については、適用しない。

in Chapter V, Section 2, Subsection 2 (excluding Article 435, paragraph (4), Article 440, paragraph (3), Article 442 and Article 443) and Subsection 3 as well as Section 3 through Section 5; and

第五章第二節第二款(第四百三十五条第四項第四百四十条第三項第四百四十二条及び第四百四十三条を除く。)及び第三款並びに第三節から第五節まで

in Part V, Chapter IV, Chapter IV-2 and the portion relating to the procedures of share exchange, share transfer and partial share exchange in Chapter V of the same Part.

第五編第四章及び第四章の二並びに同編第五章中株式交換、株式移転及び株式交付の手続に係る部分

The provisions of Chapter II, Section 4-2 do not apply to cases where a subject company is a liquidating stock company.

第二章第四節の二の規定は、対象会社清算株式会社である場合には、適用しない。

A liquidating stock company may acquire the shares of relevant liquidating stock company, limited to cases where acquisition is effected without consideration or in other cases prescribed by Ministry of Justice Order.

清算株式会社は、無償で取得する場合その他法務省令で定める場合に限り、当該清算株式会社の株式を取得することができる。

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