Article 98Provisions for the Total Number of Authorized Shares by Resolutions at Organizational Meetings
第九十八条（創立総会の決議による発行可能株式総数の定め）
If, if the solicitation under Article 57, paragraph (1) is carried out, the total number of authorized shares is not provided for in the articles of incorporation, the provisions on the total number of authorized shares must be created by amending the articles of incorporation prior to the formation of the stock company by a resolution at an organizational meeting.
Read this with the articles around it
total number of authorized shares
「発行可能株式総数」
The total number of shares a stock company's articles of incorporation authorize it to issue.
Short name set inArticle 37, paragraph (1)
organizational meeting
「創立総会」
The meeting of the shareholders at incorporation that the incorporators must call when a stock company is being formed with outside subscribers for its shares.
Short name set inArticle 65, 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.