Members may demand that the membership company refund the monies, etc. that members have already paid in or delivered as contributions (hereinafter in this Part referred to as "contribution refunds"). In these cases, if relevant monies, etc. consist of any property other than monies, they are not precluded from demanding the refund of monies in an amount equivalent to the value of relevant property.
Membership company may prescribe matters regarding the method for demanding the contribution refunds and other matters on contribution refunds in its articles of incorporation.
Attachment of the equity interest of a member is also effective against the rights to demand a contribution refunds.
社員の持分の差押えは、出資の払戻しを請求する権利に対しても、その効力を有する。
Read this with the articles around it
monies, etc.machine translation
「金銭等」
Money and any other property.
Defined inArticle 151, paragraph (1)
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)
contribution refunds
「出資の払戻し」
A membership company's paying a member back the money or other property the member has contributed.
Short name set inArticle 624, paragraph (1)· applies only in this part
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.