Establishment of Bond Administrators Article 702 In cases where a Company will issue Bonds, the Company must specify a Bond administrator and entrust the receipt of payments, the preservation of rights of claim on behalf of the bondholders and other administration of the Bonds to that manager;provided, however, that this does not apply in cases where the amount of each Bond is 100,000,000 yen or more, and other cases prescribed by Ministry of Justice Order as cases where it is unlikely that the protection of bondholders will be compromised.
