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Commercial Act — Article 168-2 (Definition)

상법 제168조의2

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 acquiring and borrowing machinery, facilities and other property (hereafter referred to as "article under financial lease" in this Chapter) selected by a financial lessee from any third party (hereafter referred to as "supplier" in this Chapter), and then making financial lessees use such machinery, facilities and other property is called a financial lease business entity.[This Article Newly Inserted by Act No. 10281, May 14, 2010]

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