Korean Law in English
Laws › Commercial Act › CHAPTER XIV BONDS PURCHASING BUSINESS

Commercial Act — Article 168-11 (Definition)

상법 제168조의11

This English translation is based on the Korean text effective 2018-12-19. The Korean law has since been amended (current version effective 2026-09-10) — check the Korean original.

A person who engages in the business of purchasing and recovering business bonds (hereafter referred to as "business bonds" in this Chapter) acquired or to be acquired by another person through the sale of goods or securities, provision of services, etc. is called a bonds purchasing business entity.[This Article Newly Inserted by Act No. 10281, May 14, 2010]

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