Page:The Civil code of Japan (IA cu31924069576704).pdf/32

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41.

If an endowment is made by an act inter vivos, the provisions relating to gifts apply correspondingly.

If an endowment is made by will, the provisions relating to legacies apply correspondingly.

42.

If the endowment is made by an act inter vivos, the property given becomes the property of the juridical person from the time when the approval of its creation is granted.

If the endowment is made by will, the property is deemed to vest in the juridical person from the time when the will takes effect.

43.

A juridical person has rights and duties accordant to law and regulations within the scope of its object as defined in the articles of association or the act of endowment.

44.

A juridical person is bound to make compensation for any damage done to other persons by its managers or other representatives in the exercise of their functions.

If the damage arises from an act which is not within the scope of the object of the juridical person, those members or managers who have approved of the resolution for such act, and those managers and other representatives who executed it, are jointly bound to make compensation.

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