1981 BANKING LAW. COPYRIGHT RODERICK H. SEEMAN
BANKING LAW CONTENTS ()
Explaining the 1981 Banking Law (Intro)
In amendment of the Bank Law (Law no.21, 1927) in its entirety.
CONTENTS
Chapter I...General Provisions (Article 1-9)
Article 5 (Amount of Paid-in-capital)
Article 7 (Limitations on Outside Positions of Directors)
Article 8 (Establishment, etc. of Places of Business)
Article 9 (The Acquisition of Shares, etc., of Overseas Juridical Persons)
Chapter II...The Business (Articles 10-16)
Article 10 (Scope of Business)
Article 13 (The Provision of Credit to the same Person)
Article 14 (The Provision of Credit to Directors)
Article 14-2. Securing Healthy Operations.
Article 15 (Days of Nonoperation and Business Hours)
Article 16 (Extraordinary Recesses, etc.)
Article 16-2. Acquisition of Shares of Securities Companies, etc.
Article 16-3. Transactions, etc. with Subsidiaries.
Article 16-4. Ownership of the Shares of Overseas Corporations
Chapter III...Accounting (Articles 17-23)
Article 17-2. Designated Transactions Account
Article 18 (Provision for Profit Reserves)
Article 19 (Business Reports, etc.)
Article 20 (Announcements of Balance Sheets, etc.)
Article 21 (Public Inspection Explanatory Documents Related to the Condition of Business and Assets)
Chapter IV...Supervision (Articles 24-29)
Article 24 (Transitional Measures Concerning the Loss of Validity of Validations)
Article 25 (Validity of Dispositions or Procedures Based on the Provisions of the Former Law)
Article 26 (Transitional Measures Concerning Penalty Provisions)
Chapter V...Mergers or Transfers or Acquisitions of Business, etc. (Articles 30-36)
Article 30 (Approvals, etc. of Merger or Transfers)
Article 32 (Matters Regarded as Licensed)
Article 33 (Notification of Objection of Creditors, in the Case of Mergers)
Chapter VI...Quitting Business and Dissolution (Articles 37-46)
Article 37 (Approval of Quitting Business and Dissolution, etc)
Article 38 (Public Announcements, etc of the Quitting of Business)
Article 40 (Dissolution Based on Cancellation of License)
Article 41 (Loss of Validity of License)
Article 42 (Those Regarded as Banks in Those Situations of Cancellation, etc. of License)
Article 43 (Transfers, etc. to a Company of Another Industry)
Article 44 (Appointment of Liquidators)
Article 45 (Supervision of Liquidation)
Article 46 (Opinions, etc. of the Minister of Finance in Liquidation Procedures, etc)
Chapter VII...Branches of Foreign Banks (Articles 47-52)
Article 47 (Licenses, etc of the Branches of Foreign Banks)
Article 48 (The Provision, etc of Data of Foreign Bank Branches)
Article 49 (Notification of Foreign Bank Branches)
Article 50 (Loss of Validity of the License Related to the Branch of the Foreign Bank)
Article 51 (Liquidation of the Branches of Foreign Bank Branches)
Article 52 (Notification, etc. of the Establishment of a Liaison Office of a Foreign Bank
Chapter VIII...Miscellaneous Provisions (Articles 53-60)
Article 53 (Notification Items)
Article 54 (Conditions,etc of Validations)
Article 55 (Loss of the Validity of the Validation)
Article 56 (Public Notifications of the Minister of Finance)
Article 57 (Public Announcements)
Article 58 (Enforcement Provisions)
Chapter IX...Penalties (Articles 61-66)