Laws › Commercial Act › SECTION 2 Internal Relationship of Limited Liability

Commercial Act — Article 287-15 (Special Provisions in Cases Where Manager is Corporation)

상법 제287조의15

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) In cases where a corporation is a manager, it shall appoint a person to perform duties on behalf of the manager and notify the name and address of such person to the other members.

(2) The provisions of Articles 287-11 and 287-12 shall apply mutatis mutandis to a person who is appointed in accordance with paragraph (1).[This Article Newly Inserted by Act No. 10600, Apr. 14, 2011]

Korean original (law.go.kr) · Get articles as JSON via API

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