Korean Law in English
Laws › Commercial Act › SECTION 4 Withdrawal of Members

Commercial Act — Article 225 (Liability of Withdrawn Members)

상법 제225조

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.

(1) A withdrawn member shall be liable, as if he/she continued to be a member, for the obligations of the company arising before the registration of his/her withdrawal at the place of the principal office, for the period of two years subsequent to the above registration.

(2) The provisions of the preceding paragraph shall apply mutatis mutandis to a member who has transferred his/her equity interest in the company to other persons.

‹ Article 224All articlesArticle 226 ›

Korean original (law.go.kr) · Get articles as JSON via API

For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool: https://mcp.apify.com?tools=kr-data/korea-law