(1) Any person who requests conversion shall submit to a company a written application form in duplicate together with bond certificates: Provided, That in cases where the right of a bond holder has been registered with the electronic registration ledger of an electronic registration agency, in lieu of issuing bond certificates, proof of the right of a bond holder shall be attached thereto and submitted to the company. <Amended by Act No. 10600, Apr. 14, 2011>
(2) A written application form mentioned in paragraph (1) shall state the bonds to be converted and the date of request, and the person requesting such conversion shall write his/her name and affix his/her seal, or affix his/her signature, thereon. <Amended by Act No. 5053, Dec. 29, 1995>