A limited partner may, without the consent of the other members, engage in, on his/her own account or on the account of a third party, any transaction in the same type of business as the company or serve as a general partner or a director of another company the business objective of which is the same type of business as the company.
Laws › Commercial Act › CHAPTER III LIMITED PARTNERSHIP COMPANY
Commercial Act — Article 275 (Freedom of Competition for Limited Partners)
상법 제275조
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.
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