(Contents)
Article 301.
The business plan shall include the following matters:
1. The classification and outlines of the projects to be entrusted and the partner bodies concerned therein;
2. Financial program;
3. Shares of expenses to be borne by respective partner bodies;
4. The total amount of local public bonds authorized to be issued by the corporation;
5. Matters concerning liquidation of local public bonds issued by the corporation;
6. Matters related to the transfer to the partner bodies or disposition of the facilities or lands (including rights and encumbrances thereon) created by the projects;
7. Other necessary matters.
(Transfer or Disposition)
Article 302.
When the corporation has completed the projects referred to in item 1 of paragraph 1 of Article 298 (except construction of housing for sale), such facilities completed shall be transferred to the partner bodies; and when it has completed the construction of housing for sale or the projects referred to in item 2 of the said paragraph, such housing or lands shall be disposed of or transferred to the partner bodies.
(Regulations)
Article 303.
The corporation shall have the right to issue regulations of the corporation within law upon necessary matters related to the corporation.
Section II. Organization
(Officers)
Article 304.
There shall be a presiding director, directors and auditors (hereinafter referred to as "officers").
2.
The presiding director shall represent the corporation and preside over its affairs.
3.
Directors shall, as provided by the agreement, represent the corporation, assist the presiding director in the performance of the affairs of the corporation, and, if the presiding officer is unable to serve, or his/her post is vacant, act for him/her in the performance of his/her duties.
