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Commercial Act — Article 279 (Liability of Limited Partners)

상법 제279조

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 limited partner shall be liable to repay the obligations of the company to the extent of the amount of his/her investment deducting the amount which he/she has already invested.

(2) If any dividends were distributed regardless of the fact that no profit has accrued to the company, such amount shall be added in determining the liability for repayment.

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