特別支配株主は、株式売渡請求（株式売渡請求に併せて新株予約権売渡請求をする場合にあっては、株式売渡請求及び新株予約権売渡請求。以下「株式等売渡請求」という。）をしようとするときは、対象会社に対し、その旨及び前条第一項各号に掲げる事項を通知し、その承認を受けなければならない。
When a special controlling shareholder intends to make a demand for cash-out (in cases of making a demand for share option cash-out along with the demand for cash-out, the demand for cash-out and demand for share option cash-out; hereinafter collectively referred to as "demand for share, etc. cash-out"), the special controlling shareholder must notify the subject company to that effect and matters set forth in the items of paragraph (1) of the preceding Article, and must obtain its approval.
When a special controlling shareholder intends to make a demand for share option cash-out along with the demand for cash-out, the subject company may not approve only the demand for share option cash-out.
A company with board of directors must make a determination as to whether or not to approve by a resolution of the board of directors meeting.
When a subject company makes a determination as to whether or not to approve under paragraph (1), it must notify the special controlling shareholder of the content of the determination.