The provisions related to the assembly of a town or village in Part II of this Law shall apply mutatis mutandis to the assembly or the general meeting of a property ward.
(Board of Trustees)
A city, town or village or a special ward may by bylaw establish a board of trustees for a property ward. However, when a property ward is created in consequence of mutual agreement on the disposition of property under this Law or cabinet orders duly authorized by this Law necessitated by creation, abolition, division or merger or re-demarcation of cities, towns or villages or special wards, a board of trustees may be established by such mutual agreement.
The board of trustees shall be composed of seven or less trustees.
The trustee shall serve on a part-time basis. Their term of office shall be four years.
A board of trustees may not be established where an assembly or general meeting is established under Article 295.
(Powers of the Board of Trustees)
The mayor of a city, town or village or a head of a special ward shall obtain the consent of the board of trustees, when he/she takes any important action prescribed by bylaw or by mutual agreement under the preceding paragraph respecting the administration or disposition or abolition of property or public facilities of a property ward.
The mayor of a city, town or village or the head of a special ward may, with the consent of the board of trustees, delegate thereto the whole or part of the affairs related to the administration of property or public facilities of a property ward.
The board of trustees may inspect the performance of the affairs of the property ward.
(Delegation to Bylaw)
Except as provided by the preceding two articles, selection of trustees, operation of the board of trustees and other necessary matters related to the board of trustees shall be fixed by bylaw. However, in case a board of trustees is established under the second sentence of paragraph 1 of Article 296-2, such matters may be provided for by mutual agreement referred to therein.