(1) If, in cases of an organizational change under the preceding Article, the value of net assets which exist in a company is less than the total amount of capital, directors and shareholders at the time of the resolution mentioned in paragraph (1) of the preceding Article shall be liable to pay jointly and severally the amount of such shortfall to the company. <Amended by Act No. 10600, Apr. 14, 2011>
(2) The provisions of Articles 550 (2), and 551 (2) and (3) shall apply mutatis mutandis in cases falling under the preceding paragraph. <Amended by Act No. 1212, Dec. 12, 1962>