# 金融商品取引法 / Financial Instruments and Exchange Act — 第八十八条の十二 (Article 88-12)

- Law: 金融商品取引法 (Financial Instruments and Exchange Act), 昭和二十三年法律第二十五号
- English title "Financial Instruments and Exchange Act": Ministry of Justice translation
- Kind: Act — the distinction between 法律 (Act), 政令 (Cabinet Order), 省令 (Ministerial Order) and 条例 (local ordinance) decides who may issue it and what it may say.
- Provision: 第八十八条の十二 (Article 88-12)（理事の代表権の制限） — address `art-88-12`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/en/financial-instruments-and-exchange-act/art-88-12
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-88-12
- Every provision below carries its address and both URLs on the line under it.
- Japanese text: e-Gov 法令検索, Digital Agency (デジタル庁). English: as marked on each line below.

Only the Japanese as published by the government has legal effect; the text
below is a copy of it. Every English rendering below is a translation and
says which kind: the Ministry of Justice's translation, or this
site's machine translation, whose model and date the Sources list names.
They are never merged and never substituted for one another.

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### 第八十八条の十二（理事の代表権の制限） — (Restrictions on Board Members' Authority of Representation)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-88-12 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-88-12 · https://japanlaw.org/l/323AC0000000025/art-88-12</sup>

      **第一項**  理事長又は理事の代表権に加えた制限は、善意の第三者に対抗することができない。
      <sup>art-88-12/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-88-12/par-1 · https://japanlaw.org/l/323AC0000000025/art-88-12/par-1</sup>
      Restrictions on the president's or a board member's authority of representation may not be asserted against a third party without knowledge of such limitations.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

## Cited by

4 provisions cite this one. No official source publishes this direction.

- 金融商品取引法 第百条の二十四第一項（清算人の不法行為能力等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-100-24/par-1 · https://japanlaw.org/l/323AC0000000025/art-100-24/par-1
- 金融商品取引法 第百二条の六第一項（準用規定） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-102-6/par-1 · https://japanlaw.org/l/323AC0000000025/art-102-6/par-1
- 金融商品取引法 第百二条の三十八第一項（清算人の不法行為能力等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-102-38/par-1 · https://japanlaw.org/l/323AC0000000025/art-102-38/par-1
- 金融商品取引法 第百五十四条の二第一項（内閣府令への委任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-154-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-154-2/par-1

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## Sources

- e-Gov 法令検索, Digital Agency (デジタル庁) — 金融商品取引法 — the text in force from 2026-08-12 (https://laws.e-gov.go.jp/law/323AC0000000025/20260812_508AC0000000064), retrieved 2026-10-22
- Japanese Law Translation Database System, Ministry of Justice (法務省) — Financial Instruments and Exchange Act — Ministry of Justice translation (https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb), retrieved 2026-10-22
- This site's parser, version 212 — 金融商品取引法 — structure, counts, cross-references and defined terms, computed 2026-10-22
