A member who joined a company after its establishment shall assume the same liability as other members with respect to the obligations owed by the company arising before he/she joined the company.
Laws › Commercial Act › SECTION 3 External Relationship of Company
Commercial Act — Article 213 (Liability of New Members)
상법 제213조
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.
For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool:
https://mcp.apify.com?tools=kr-data/korea-law