prescribe required paid-up capital of a securities company as the SEC thinks fit. (There is no minimum amount of required capital specified in the provision.) 1.4 Conduct rules of securities business
special purpose juristic person shall be deemed to have been approved to offer for sale newly issued securities and shall be entitled to proceed with the offering of the securities for sale in accordance
required under the first paragraph. The application for a license or registration, the issuance of a license or the acceptance for registration shall be made pursuant to the rules specified in the
required under the first paragraph. The application for a license or registration, the issuance of a license or the acceptance for registration shall be made pursuant to the rules specified in the
proceed in accordance with Section 31/7; in this regard, the retiring board members shall remain in office until the successor assumes duties.” SECTION 6 The following provisions shall be added as (1/1) and
and do all necessary acts so that the business shall proceed in accordance with the approved project. If it is appropriate, the SEC Office may change the provisional representative. Section 26. On
person in all respects and do all necessary acts so that the business shall proceed in accordance with the approved project. If it is appropriate, the SEC Office may change the provisional representative
approval is refused, the applicant shall also be notified of the reasons therefor. SECTION 6.4 Where the signatures of the directors or registrar are required in securities certificates under this Act, the
approval is refused, the applicant shall also be notified of the reasons therefor. SECTION 6.4 Where the signatures of the directors or registrar are required in securities certificates under this Act, the
; (2) in cases where a resolution is required, such resolution shall be unanimous unless the trust instrument provides otherwise. The trustee shall be bound personally for any obligations or liabilities