A financial instruments membership corporation is dissolved for the following reasons:
金融商品会員制法人は、次に掲げる事由によつて解散する。
the occurrence of a cause for dissolution provided for in the articles of incorporation;
定款で定めた解散の事由の発生
a general meeting resolution;
総会の決議
a merger (but only if the financial instruments membership corporation disappears as the result of the merger);
合併(合併により当該金融商品会員制法人が消滅した場合に限る。)
the number of members falls to five or below;
会員の数が五以下となつたこと。
an order to commence bankruptcy proceedings;
破産手続開始の決定
failure to file a license application under the provisions of Article 81, paragraph (1) within six months from the day of establishment;
成立の日から六月以内に第八十一条第一項の規定による免許の申請を行わなかつたこと。
the decision of the Prime Minister not to grant the license referred to in Article 80, paragraph (1); or
内閣総理大臣が第八十条第一項の免許を与えないこととしたこと。
the rescission or expiration of the license referred to in Article 80, paragraph (1).
第八十条第一項の免許の取消し又は失効
A financial instruments membership corporation may not adopt a resolution to dissolve without the affirmative votes of three-fourths or more of all members; provided, however, that this does not apply if it is otherwise provided for in the articles of incorporation.
金融商品会員制法人は、総会員の四分の三以上の賛成がなければ、解散の決議をすることができない。ただし、定款に別段の定めがあるときは、この限りでない。
Read this with the articles around it
(Licensing)
With the exception of an authorized financial instruments firms Association, a person must not operate a financial instruments market unless it is licensed by the Prime Minister.
金融商品市場は、認可金融商品取引業協会を除き、内閣総理大臣の免許を受けた者でなければ、開設してはならない。
Open this provision(Application for License)
A person seeking to obtain the license referred to in paragraph (1) of the preceding Article must submit a written license application stating the following particulars to the Prime Minister:
前条第一項の免許を受けようとする者は、次に掲げる事項を記載した免許申請書を内閣総理大臣に提出しなければならない。
Open this provisionfinancial instruments membership corporation
「金融商品会員制法人」
A membership-based association established under Subsection 1 of Section 2 of Chapter V for the purpose of opening a financial instruments market (金融商品市場).
Defined inArticle 2, paragraph (15)· applies throughout the law
articles of incorporation
定款
A company's own basic rules, written by its founders when it is formed: at least its purpose, its trade name, where its head office is, the value of the property contributed at incorporation and who the founders are (Companies Act, Article 27). A stock company's must be certified by a notary before it takes effect (Article 30, paragraph (1)), and can later be changed by a resolution of the shareholders meeting (Article 466). Many rules in the Act apply "unless the articles of incorporation provide otherwise", so a company's articles decide a great deal of how the Act applies to it.
Written by AI using Companies Act, Arts. 26, 27, 30, 466, 575 as a reference.
Prime Minister
内閣総理大臣
The head of the Cabinet. Designated by the Diet from among its own members, and appointed by the Emperor on that designation (Articles 67 and 6). The Prime Minister appoints and may dismiss the other Ministers of State at will, and a majority of them must be members of the Diet (Article 68). No Minister of State can be subjected to legal action while in office without the Prime Minister's consent (Article 75).
Written by AI using Constitution, Arts. 6, 67, 68, 75 and Wikipedia: Prime Minister of Japan as a reference.