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Article 860Action Seeking Extinguishment of Right to Execute Business or Authority of Representation of Member Executing Business of a Membership Company

第八百六十条(持分会社の業務を執行する社員の業務執行権又は代表権の消滅の訴え)

If any one of the following grounds apply to a member executing the business of a membership company (hereinafter referred to as the "subject managing member" in this Article and item (ii) of the following Article), relevant membership company may demand extinguishment of the right to execute business or the authority of representation of the subject managing member by filing an action, based on a resolution adopted by a majority of the members other than the subject managing member:

持分会社の業務を執行する社員(以下この条及び次条第二号において「対象業務執行社員」という。)について次に掲げる事由があるときは、当該持分会社は、対象業務執行社員以外の社員の過半数の決議に基づき、訴えをもって対象業務執行社員の業務を執行する権利又は代表権の消滅を請求することができる。

when there are any of the grounds set forth in the items of the preceding Article; or

前条各号に掲げる事由があるとき。

when the member is too incompetent to execute the business of the membership company or to represent the membership company.

持分会社の業務を執行し、又は持分会社を代表することに著しく不適任なとき。

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