Korean Law in English
Laws › Commercial Act › CHAPTER III LIMITED PARTNERSHIP COMPANY

Commercial Act — Article 274 (Appointment and Dismissal of Managers)

상법 제274조

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.

The appointment and removal of a manager shall be made by a resolution adopted by a majority vote of general partners even where managing members have been specifically designated.

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