A financial instruments membership corporation has one president, two or more board members, and two or more inspectors as its officers.
The members elect the board members and inspectors, with the exception of the board members appointed pursuant to the following paragraph, pursuant to the provisions of the articles of incorporation, and the board members (other than board members appointed pursuant to that paragraph) elect the president pursuant to the provisions of the articles of incorporation.
If there are special provisions in the articles of incorporation, the president appoints the number of board members specified by the articles of incorporation, with the consent of a majority of the board members.
理事長は、定款に特別の定めがある場合には、理事の過半数の同意を得て、定款で定める数の理事を選任する。
A person that falls under any of the following may not become an officer.
次の各号のいずれかに該当する者は、役員となることができない。
a person specified by Cabinet Office Order as being unable to properly perform their duties due to a mental or physical disorder; or
心身の故障のため職務を適正に執行することができない者として内閣府令で定める者
a person falling under any of Article 29-4, paragraph (1), item (ii), (b) through (i) or Article 331, paragraph (1), item (iii) of the Companies Act.
第二十九条の四第一項第二号ロからリまで又は会社法第三百三十一条第一項第三号のいずれかに該当する者
An officer loses the position of officer upon coming to fall under a person provided for in the preceding paragraph.
Read this with the articles around it
(Refusal of Registration)
if the person is a corporation, a person that has an officer, or an employee specified by Cabinet Order, who falls under any of the following:
法人である場合においては、役員又は政令で定める使用人のうちに次のいずれかに該当する者のある者
Open this provision(Appointment of Officers)
If there are special provisions in the articles of incorporation, the president appoints the number of board members specified by the articles of incorporation…
理事長は、定款に特別の定めがある場合には、理事の過半数の同意を得て、定款で定める数の理事を選任する。
Open this provision(Appointment of Officers)
A person that falls under any of the following may not become an officer.
次の各号のいずれかに該当する者は、役員となることができない。
Open this provision(Qualifications of Directors)
a person who has been sentenced to a penalty for having violated the provisions of this Act or the Act on General Incorporated Association and General Incorporated Foundation (Act No. 48 of 2006)…
この法律若しくは一般社団法人及び一般財団法人に関する法律（平成十八年法律第四十八号）の規定に違反し、又は金融商品取引法第百九十七条第一項第一号から第四号の二まで、第五号若しくは第六号若しくは第二項、第百九十七条の二第一項第一号から第十号の三まで若しくは第十三号から第十五号まで、第百九十八条第一項第八号、第百九十九条…
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
officer
「役員」
A director, accounting advisor, company auditor or executive officer, or a person equivalent to one, in this Act other than Articles 163 to 167.
Defined inArticle 21, paragraph (1), item (i)· applies from here on, except in Articles 163 to 167
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.