(1) A company shall appoint, by a resolution of the board of directors, a director who shall represent the company: Provided, That the articles of incorporation may provide that such representative director shall be appointed at a general meeting of shareholders.
(2) In cases falling under the preceding paragraph (1), it may be provided that two or more representative directors shall jointly represent the company.
(3) The provisions of Articles 208 (2), 209, 210 and 386 shall apply mutatis mutandis to representative directors. <Amended by Act No. 1212, Dec. 12, 1962>