発起人は、出資の履行が完了した後、遅滞なく、設立時取締役（株式会社の設立に際して取締役となる者をいう。以下同じ。）を選任しなければならない。
The incorporator must elect the director at incorporation (meaning person who becomes director at the incorporation; the same applies hereinafter) without delay after the fulfillment of the performance of contributions.
設立しようとする株式会社が監査等委員会設置会社である場合には、前項の規定による設立時取締役の選任は、設立時監査等委員（株式会社の設立に際して監査等委員（監査等委員会の委員をいう。以下同じ。）となる者をいう。以下同じ。）である設立時取締役とそれ以外の設立時取締役とを区別してしなければならない。
If the stock company to be incorporated is a company with audit and supervisory committee, the election of directors at incorporation pursuant to the provisions of the preceding paragraph must be implemented by distinguishing the election of a director at incorporation who is an audit and supervisory committee member at incorporation (meaning a person who becomes an audit and supervisory committee member (meaning an member of the audit and supervisory committee; the same applies hereinafter) at incorporation of a stock company; the same applies hereinafter) from among other directors at incorporation.
次の各号に掲げる場合には、発起人は、出資の履行が完了した後、遅滞なく、当該各号に定める者を選任しなければならない。
In the cases set forth in the following items, the incorporator must elect the persons specified in each of those items without delay after the fulfillment of the performance of contributions:
設立しようとする株式会社が会計参与設置会社である場合 設立時会計参与（株式会社の設立に際して会計参与となる者をいう。以下同じ。）
if the stock company to be incorporated is a company with accounting advisor:accounting advisor at incorporation (meaning a person who becomes an accounting advisor at the incorporation; the same applies hereinafter);
設立しようとする株式会社が監査役設置会社（監査役の監査の範囲を会計に関するものに限定する旨の定款の定めがある株式会社を含む。）である場合 設立時監査役（株式会社の設立に際して監査役となる者をいう。以下同じ。）
if the stock company to be incorporated is a company with company auditor (including any stock company the articles of incorporation of which provide that the scope of the audit by its company auditor is limited to an audit related to accounting):company auditor at incorporation (meaning a person who becomes a company auditor at the incorporation; the same applies hereinafter);
設立しようとする株式会社が会計監査人設置会社である場合 設立時会計監査人（株式会社の設立に際して会計監査人となる者をいう。以下同じ。）
if the stock company to be incorporated is a company with financial auditor:financial auditor at incorporation (meaning a person who becomes a financial auditor at the incorporation; the same applies hereinafter).
定款で設立時取締役（設立しようとする株式会社が監査等委員会設置会社である場合にあっては、設立時監査等委員である設立時取締役又はそれ以外の設立時取締役。以下この項において同じ。）、設立時会計参与、設立時監査役又は設立時会計監査人として定められた者は、出資の履行が完了した時に、それぞれ設立時取締役、設立時会計参与、設立時監査役又は設立時会計監査人に選任されたものとみなす。
Persons who are prescribed in articles of incorporation as directors at incorporation (if the stock company to be incorporated is a company with audit and supervisory committee, directors at incorporation who are audit and supervisory committee members at incorporation or other directors at incorporation; hereinafter the same applies in this paragraph), accounting advisors at incorporation, company auditors at incorporation, and financial auditors at incorporation are deemed to be elected as directors at incorporation, accounting advisors at incorporation, company auditors at incorporation, and financial auditors at incorporation, respectively, upon the fulfillment of the performance of contributions.