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Commercial Act — Article 255 (Representation of Company by Liquidators)

상법 제255조

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) Where managing members become liquidators, they shall represent the company as heretofore provided.

(2) Where a court appoints two or more liquidators, it may designate one who is to represent the company or may decide joint representation by several of them.

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