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Article 88-4Organizational Meetings

第八十八条の四(創立総会)

After preparing the articles of incorporation, the founders must solicit persons seeking to become members, and hold an organizational meeting, giving public notice of those articles of incorporation, together with the date, time, and place of the meeting, by two weeks prior to the day of the meeting.

発起人は、定款を作成した後、会員になろうとする者を募り、これを会議の日時及び場所とともにその会議開催日の二週間前までに公告して、創立総会を開かなければならない。

A person planning to become a member of a financial instruments membership corporation whose incorporation is planned (hereinafter referred to as the "expected member" in this Article, the following Article and Article 88-6) must pay the full amount of the contribution before the opening of the organizational meeting.

設立を予定する金融商品会員制法人の会員となる予定の者(以下この条、次条及び第八十八条の六において「加入予定者」という。)は、創立総会の開会までに、出資の全額を払い込まなければならない。

Approval of the articles of incorporation and decisions about particulars that are necessary for incorporation must be decided by a resolution of the organizational meeting.

定款の承認その他設立に必要な事項の決定は、創立総会の議決によらなければならない。

The articles of incorporation may be revised at an organizational meeting.

創立総会では、定款を修正することができる。

The items of organizational meeting business that are referred to in paragraph (3) are decided with at least a two-thirds majority of the votes of the attendees, at a meeting where at least half of the expected members that have paid the full amount of the contribution by the opening of that meeting, are present.

第三項の創立総会の議事は、加入予定者であつてその開会までに出資の全額の払込みをした者の二分の一以上が出席し、その出席者の議決権の三分の二以上で決する。

An expected member that does not pay the full amount of the contribution by the time of the establishment of a financial instruments membership corporation is deemed to have rescinded its application for membership at the time of the establishment of the financial instruments membership corporation.

加入予定者で、金融商品会員制法人の成立の時までに出資の全額を払い込まない者は、金融商品会員制法人の成立の時に加入の申込みを取り消したものとみなす。

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