have the status of a secured creditor under the law governing bankruptcy. Section 22. If the Office of the SEC has found that any special purpose juristic person has securitiesed the assets into
from the provisions under Division 2: Debentures, Division 3: Issuance of Secured Debentures, Division 4: Register and Transferability, or Division 5: Disclosure of Information and Auditor of this
: Issuance of Secured Debentures, Division 4: Register and Transferability, or Division 5: Disclosure of Information and Auditor of this Chapter or under Chapter 3: Public Offering of Securities, in whole or
the notification of the SEC, or may allow such company to act differently from the provisions under Division 2: Debentures, Division 3: Issuance of Secured Debentures, Division 4: Register and
account of the customer. SECTION 37. In cases where a court orders to accept a customer’s petition for business reorganization or orders the receivership of a customer in a bankruptcy case, the official
account of the customer. SECTION 37. In cases where a court orders to accept a customer’s petition for business reorganization or orders the receivership of a customer in a bankruptcy case, the official
under an approved project, if the assets are secured by security other than rights of mortgage, rights of pledge or rights arising from a suretyship, such rights shall pass to the transferee on each
trustee. In cases where a trustee becomes bankrupt as a result of its own debt or ceases to be a juristic person, the trust property shall not be deemed as bankruptcy estate or property in liquidation, as
a result of its own debt or ceases to be a juristic person, the trust property shall not be deemed as bankruptcy estate or property in liquidation, as the case may be. Chapter 5 Termination of Trust
shall not be deemed as bankruptcy estate or property in liquidation, as the case may be. Chapter 5 Termination of Trust _____________ SECTION 51 A trust shall come into termination as specified in the