Where several members have been designated by the articles of incorporation to jointly manage the affairs of the company, act of management shall not be taken without the consent of all such joint managing members: Provided, That this shall not apply where there is a fear of delay.
Laws › Commercial Act › SECTION 2 Internal Relationship of Company
Commercial Act — Article 202 (Joint Managing Members)
상법 제202조
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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