Where a liquidator intends to transfer, in whole or in part, the business of the company, resolution with a majority vote of all the members shall be required.
Laws › Commercial Act › SECTION 6 Liquidation
Commercial Act — Article 257 (Transfer of Business)
상법 제257조
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For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool: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