# 会社法 / Companies Act — 第六百三十二条 (Article 632) This is the Markdown twin of https://japanlaw.org/ja/companies-act/art-632. Every law, and how to address a provision: https://japanlaw.org/llms.txt. The same laws as MCP tools (no sign-in): https://japanlaw.org/mcp. - 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: 第六百三十二条 (Article 632)（出資の払戻しの制限） — address `art-632` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/ja/companies-act/art-632 - e-Gov law ID: 417AC0000000086 — never renamed. A permanent link, `/l/{lawId}/{address}` on this site, redirects to the page. - Every provision below carries its address and its URL 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. --- ### 第六百三十二条（出資の払戻しの制限） — (Restrictions on Contribution Refunds) caption: Ministry of Justice translation — Japanese Law Translation Database System art-632 · https://japanlaw.org/ja/companies-act/art-632 **第一項** 第六百二十四条第一項の規定にかかわらず、合同会社の社員は、定款を変更してその出資の価額を減少する場合を除き、同項前段の規定による請求をすることができない。 art-632/par-1 · https://japanlaw.org/ja/companies-act/art-632/par-1 Notwithstanding the provisions of Article 624, paragraph (1), members in a limited liability company may not make the demand under the provisions of the first sentence of that paragraph except if the value of member's contributions will be reduced by changes in the articles of incorporation. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 合同会社が出資の払戻しにより社員に対して交付する金銭等の帳簿価額（以下この款において「出資払戻額」という。）が、第六百二十四条第一項前段の規定による請求をした日における剰余金額（第六百二十六条第一項の資本金の額の減少をした場合にあっては、その減少をした後の剰余金額。以下この款において同じ。）又は前項の出資の価額を減少した額のいずれか少ない額を超える場合には、当該出資の払戻しをすることができない。この場合においては、合同会社は、第六百二十四条第一項前段の規定による請求を拒むことができる。 art-632/par-2 · https://japanlaw.org/ja/companies-act/art-632/par-2 If the book value of the monies, etc. delivered by a limited liability company to a member by contribution refunds (hereinafter in this Subsection referred to as "amount of contribution refunds") exceeds the amount of surplus as of the day when a demand is made under the provisions of the first sentence of Article 624, paragraph (1) (if the reduction in the stated capital under Article 626, paragraph (1) is effected, the amount of surplus after relevant reduction; hereinafter the same applies in this Subsection), or the reduction in the value of member's contributions in the preceding paragraph, whichever is lower, relevant contribution refunds cannot be effected. In these cases, the limited liability company may reject the demand under the provisions of the first sentence of Article 624, paragraph (1). Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-632/par-1: 第六百二十四条第一項 → 会社法 第六百二十四条第一項 (Article 624, paragraph (1)), art-624/par-1 — https://japanlaw.org/ja/companies-act/art-624/par-1 - art-632/par-2: 第六百二十四条第一項 → 会社法 第六百二十四条第一項 (Article 624, paragraph (1)), art-624/par-1 — https://japanlaw.org/ja/companies-act/art-624/par-1 - art-632/par-2: 第六百二十六条第一項 → 会社法 第六百二十六条第一項 (Article 626, paragraph (1)), art-626/par-1 — https://japanlaw.org/ja/companies-act/art-626/par-1 - art-632/par-2: 前項 → 会社法 第六百三十二条第一項 (Article 632, paragraph (1)), art-632/par-1 — https://japanlaw.org/ja/companies-act/art-632/par-1 ## Cited by 3 provisions cite this one. No official source publishes this direction. - 会社法 第六百二十六条第二項（出資の払戻し又は持分の払戻しを行う場合の資本金の額の減少） — https://japanlaw.org/ja/companies-act/art-626/par-2 - 会社法 第六百三十二条第二項（出資の払戻しの制限） — https://japanlaw.org/ja/companies-act/art-632/par-2 - 会社法 第六百三十三条第一項（出資の払戻しに関する社員の責任） — https://japanlaw.org/ja/companies-act/art-633/par-1 --- ## 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 224 — 会社法 — structure, counts, cross-references and defined terms, computed 2026-09-17