(1) By a resolution adopted at a general meeting by the unanimous consent of all shareholders, a stock company may be converted to a limited company: Provided, That this shall not apply where the redemption of the bonds has not been completed.
(2) In cases of an organizational change under the preceding paragraph, the total amount of capital shall not exceed the value of the net assets of the company. <Amended by Act No. 10600, Apr. 14, 2011>
(3) The articles of incorporation and any other particulars necessary for an organizational change shall be determined by a resolution under paragraph (1).
(4) The provisions of Article 601 shall apply mutatis mutandis to an organizational change under paragraph (1).