(1) Where a company issues different classes of shares having no, or limited voting rights, it shall determine in the articles of incorporation matters concerning no exercise of voting rights and particulars, such as the conditions for exercise or revival of voting rights, if any.
(2) The total number of different classes of shares pursuant to paragraph (1) shall not exceed a quarter of the total number of issued and outstanding shares. In such cases, if the different classes of shares having no, or limited voting rights are issued and exceed a quarter of the total number of issued and outstanding shares, the company shall, without delay, take measures necessary to keep the said number of different classes of shares not exceeding the limitation.[This Article Newly Inserted by Act No. 10600, Apr. 14, 2011]