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Upon the completion of the solicitation under paragraph (1) of the preceding Article, incorporators must promptly submit the articles of incorporation to the competent ministers and apply for authorization for incorporation.
The competent ministers nominate a person to be the president and persons to be inspectors of the OTIT.
The person nominated to be the president and the inspectors of the OTIT pursuant to the provisions of the preceding paragraph are considered to have been respectively appointed as president and inspectors at the time of the establishment of the OTIT pursuant to the provisions of Article 71, paragraph (1).
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