# 金融商品取引法 / Financial Instruments and Exchange Act — 第百一条の十五 (Article 101-15)

- 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: 第百一条の十五 (Article 101-15)（引受けの無効又は取消しの制限） — address `art-101-15`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-101-15
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-101-15
- 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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### 第百一条の十五（引受けの無効又は取消しの制限） — (Restriction on the Invalidation or Rescission of a Subscription)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-101-15 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-101-15 · https://japanlaw.org/l/323AC0000000025/art-101-15</sup>

      **第一項**  民法第九十三条第一項ただし書及び第九十四条第一項の規定は、組織変更時発行株式の引受けの申込み及び割当てに係る意思表示については、適用しない。
      <sup>art-101-15/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-101-15/par-1 · https://japanlaw.org/l/323AC0000000025/art-101-15/par-1</sup>
      The provisions of the proviso to Article 93, paragraph (1) and Article 94, paragraph (1) of the Civil Code do not apply to the manifestation of an intention involving an offer to subscribe for shares issued upon entity conversion or the allotment of those shares.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第二項**  組織変更時発行株式の引受人は、効力発生日から一年を経過した後又はその株式について権利を行使した後は、錯誤、詐欺又は強迫を理由として組織変更時発行株式の引受けの取消しをすることができない。
      <sup>art-101-15/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-101-15/par-2 · https://japanlaw.org/l/323AC0000000025/art-101-15/par-2</sup>
      Once one year has elapsed from the effective date or once the subscriber for shares issued upon entity conversion exercises a right in respect of those shares, the subscriber may not rescind the subscription for the shares issued upon entity conversion on the grounds of a mistake, fraud, or duress.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-101-15/par-1: 民法第九十三条第一項 → 民法 第九十三条第一項 (Article 93, paragraph (1)), art-93/par-1 — https://japanlaw.org/ja/civil-code/art-93/par-1 · https://japanlaw.org/l/129AC0000000089/art-93/par-1
- art-101-15/par-1: 第九十四条第一項 → 民法 第九十四条第一項 (Article 94, paragraph (1)), art-94/par-1 — https://japanlaw.org/ja/civil-code/art-94/par-1 · https://japanlaw.org/l/129AC0000000089/art-94/par-1

## Cited by

1 provision cites this one. No official source publishes this direction.

- 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/ja/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
