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If an incorporator, a director at incorporation or a company auditor at incorporation is liable for damages arising in the stock company or a third party, if other incorporators, directors at incorporation or company auditors at incorporation are also liable, relevant persons will be joint and several obligors.
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director at incorporation
「設立時取締役」
A person who is to become a director when the stock company is formed.
Defined inArticle 38, paragraph (1)
company auditor at incorporationmachine translation
「設立時監査役」
A person who is to become a company auditor when the stock company is formed.
Defined inArticle 38, paragraph (3), item (ii)