1 article
Article 244-3Grounds for Commencement of Bankruptcy Proceedings Against Trust Property
第二百四十四条の三（信託財産の破産手続開始の原因）
For the purpose of application of Article 15, paragraph (1) to trust property, the term "unable to pay debts" in Article 15, paragraph (1) is deemed to be replaced with "unable to pay debts or insolvent (meaning the condition in which the trustee is unable to make full payment on the obligation covered by the trust property with property that comes under trust property)."
信託財産に対する第十五条第一項の規定の適用については、同項中「支払不能」とあるのは、「支払不能又は債務超過（受託者が、信託財産責任負担債務につき、信託財産に属する財産をもって完済することができない状態をいう。）」とする。
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