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Tradução pendente — exibindo o conteúdo original em inglês

Promissory Note — Japan

Governing law referenceUnfair Competition Prevention Act (Act No. 47 of 1993)
Local enforcement bodyMinistry of Economy, Trade and Industry (METI) / civil and criminal courts
Average legal fee range¥30,000–¥80,000/hrpending legal review
Compliance requirementShould specify whether the note is secured or unsecured and include clear default and acceleration terms.
Penalty for violationAn improperly drafted promissory note may be unenforceable as a negotiable instrument, limiting the holder's remedies.pending legal review
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