In addition to a person that holds a trust claim (meaning a trust claim prescribed in Article 21, paragraph (2), item (ii) of the Trust Act; the same applies in item (i) of the following paragraph and Article 244-7) or a beneficiary, the trustee, or the administrator of trust property, the incorporated trust property administrator, or the administrator referred to in Article 170, paragraph (1) of that Act (hereinafter collectively referred to as the "trustee, etc.") may file a petition to commence bankruptcy proceedings against the trust property.
When a person stated in each of the following items files a petition to commence bankruptcy proceedings against trust property, they must make a prima facie showing of the fact specified in the respective items:
次の各号に掲げる者が信託財産について破産手続開始の申立てをするときは、それぞれ当該各号に定める事実を疎明しなければならない。
a person that holds a trust claim or a beneficiary:the existence of the trust claim or beneficial claim held by a person and the fact constituting the cause for the commencement of bankruptcy proceedings against the trust property; and
信託債権を有する者又は受益者 その有する信託債権又は受益債権の存在及び当該信託財産の破産手続開始の原因となる事実
the trustee, etc.:the fact constituting the cause for the commencement of bankruptcy proceedings against the trust property.
受託者等 当該信託財産の破産手続開始の原因となる事実
The provisions of item (ii) of the preceding paragraph do not apply when there is only one trustee, etc. or when there are two or more trustees, etc. and the petition to commence bankruptcy proceedings is filed by all of the trustees, etc.
Even after the termination of the trust, a petition to commence bankruptcy proceedings may be filed against the trust property until the distribution of its residual assets is completed.
信託財産については、信託が終了した後であっても、残余財産の給付が終了するまでの間は、破産手続開始の申立てをすることができる。