A member executes the business of the membership company, unless otherwise provided for in the articles of incorporation.
社員は、定款に別段の定めがある場合を除き、持分会社の業務を執行する。
If there are two or more members, the business of the membership company is determined by a majority of the members, unless otherwise provided for in the articles of incorporation.
社員が二人以上ある場合には、持分会社の業務は、定款に別段の定めがある場合を除き、社員の過半数をもって決定する。
Notwithstanding the provisions of the preceding paragraph, each member may perform the ordinary business of the membership company individually; provided, however, that this does not apply if other members raise objections before the completion of the same.
membership company
「持分会社」
General partnership companies, limited partnership companies and limited liability companies taken together: the three kinds of company under this Act that are owned by members rather than by shareholders.
Short name set inArticle 575, paragraph (1)
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.