In cases where a limited partner reduces his/her capital investment, he/she shall not be exonerated from liability under the preceding Article with regard to the obligations of the company arising before the registration of such reduction at the place of the principal office, for two years after such registration.
Laws › Commercial Act › CHAPTER III LIMITED PARTNERSHIP COMPANY
Commercial Act — Article 280 (Liability in Cases of Capital Investment Reduction)
상법 제280조
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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