# 会社法 / Companies Act — 第二百八十六条の三 (Article 286-3) - Law: 会社法 (Companies Act), 平成十七年法律第八十六号 - English title "Companies 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: 第二百八十六条の三 (Article 286-3)（新株予約権に係る払込み等を仮装した場合の取締役等の責任） — address `art-286-3` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/ja/companies-act/art-286-3 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-286-3 - 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. --- ### 第二百八十六条の三（新株予約権に係る払込み等を仮装した場合の取締役等の責任） — (Liabilities of Directors in Cases of Falsifying the Payment of Share Options) caption: Ministry of Justice translation — Japanese Law Translation Database System art-286-3 · https://japanlaw.org/ja/companies-act/art-286-3 · https://japanlaw.org/l/417AC0000000086/art-286-3 **第一項** 新株予約権を行使した新株予約権者であって前条第一項各号に掲げる者に該当するものが当該各号に定める行為をする義務を負う場合には、当該各号の払込み又は給付を仮装することに関与した取締役（指名委員会等設置会社にあっては、執行役を含む。）として法務省令で定める者は、株式会社に対し、当該各号に規定する支払をする義務を負う。ただし、その者（当該払込み又は当該給付を仮装したものを除く。）がその職務を行うについて注意を怠らなかったことを証明した場合は、この限りでない。 art-286-3/par-1 · https://japanlaw.org/ja/companies-act/art-286-3/par-1 · https://japanlaw.org/l/417AC0000000086/art-286-3/par-1 If a share option holder that exercises a share option and is as set forth in the items of paragraph (1) of the preceding Article is liable to perform the actions specified in the relevant item, a person prescribed by Ministry of Justice Order as a director (in cases of a company with nominating committee, etc., including executive officers) involved in falsifying the payment or delivery under those items is liable to a stock company for the payment prescribed in those items; provided, however, that this does not apply to cases where the person (excluding the person who falsified the payment or delivery) proves that the person did not fail to exercise due care with respect to the performance of the person's duties. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 新株予約権を行使した新株予約権者であって前条第一項各号に掲げる者に該当するものが当該各号に規定する支払をする義務を負う場合において、前項に規定する者が同項の義務を負うときは、これらの者は、連帯債務者とする。 art-286-3/par-2 · https://japanlaw.org/ja/companies-act/art-286-3/par-2 · https://japanlaw.org/l/417AC0000000086/art-286-3/par-2 If a share option holder that exercises a share options and is as set forth in the items of paragraph (1) of the preceding Article is liable to make the payment prescribed in the relevant item, if the person prescribed in the preceding paragraph assumes the liability set forth in the same paragraph, these persons will be joint and several obligors. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-286-3/par-1: 前条第一項 → 会社法 第二百八十六条の二第一項 (Article 286-2, paragraph (1)), art-286-2/par-1 — https://japanlaw.org/ja/companies-act/art-286-2/par-1 · https://japanlaw.org/l/417AC0000000086/art-286-2/par-1 - art-286-3/par-2: 前条第一項 → 会社法 第二百八十六条の二第一項 (Article 286-2, paragraph (1)), art-286-2/par-1 — https://japanlaw.org/ja/companies-act/art-286-2/par-1 · https://japanlaw.org/l/417AC0000000086/art-286-2/par-1 - art-286-3/par-2: 前項 → 会社法 第二百八十六条の三第一項 (Article 286-3, paragraph (1)), art-286-3/par-1 — https://japanlaw.org/ja/companies-act/art-286-3/par-1 · https://japanlaw.org/l/417AC0000000086/art-286-3/par-1 ## Cited by 4 provisions cite this one. No official source publishes this direction. - 会社法 第二百八十二条第二項（株主となる時期等） — https://japanlaw.org/ja/companies-act/art-282/par-2 · https://japanlaw.org/l/417AC0000000086/art-282/par-2 - 会社法 第二百八十六条の三第二項（新株予約権に係る払込み等を仮装した場合の取締役等の責任） — https://japanlaw.org/ja/companies-act/art-286-3/par-2 · https://japanlaw.org/l/417AC0000000086/art-286-3/par-2 - 会社法 附則第十三条第一項（新株予約権に関する経過措置） — https://japanlaw.org/ja/companies-act/suppl-4261-90/art-13/par-1 · https://japanlaw.org/l/417AC0000000086/suppl-4261-90/art-13/par-1 - 会社法 附則第十三条第二項（新株予約権に関する経過措置） — https://japanlaw.org/ja/companies-act/suppl-4261-90/art-13/par-2 · https://japanlaw.org/l/417AC0000000086/suppl-4261-90/art-13/par-2 --- ## Sources - e-Gov 法令検索, Digital Agency (デジタル庁) — 会社法 — the text in force from 2026-08-12 (https://laws.e-gov.go.jp/law/417AC0000000086/20260812_508AC0000000064), retrieved 2026-09-17 - Japanese Law Translation Database System, Ministry of Justice (法務省) — Companies Act — Ministry of Justice translation (part 1 of 2) (https://www.japaneselawtranslation.go.jp/en/laws/view/4481/tb), retrieved 2026-09-17 - This site's parser, version 211 — 会社法 — structure, counts, cross-references and defined terms, computed 2026-09-17