When a debtor of business bonds fails to settle his/her debt, a bonds purchasing business entity may require the debtor under a bonds purchasing agreement to redeem the amount of the business bonds: Provided, That this shall not apply if separately provided for in the bonds purchasing agreement.[This Article Newly Inserted by Act No. 10281, May 14, 2010]
Laws › Commercial Act › CHAPTER XIV BONDS PURCHASING BUSINESS
Commercial Act — Article 168-12 (Claims for Redemption by Bonds Purchasing Business Entities)
상법 제168조의12
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.
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