In cases where the representative manager of a limited liability company has caused damage to another person by his/her executing affairs of the limited liability company, the company and such representative manager shall be jointly and severally liable for damages.[This Article Newly Inserted by Act No. 10600, Apr. 14, 2011]
Laws › Commercial Act › SECTION 3 External Relationship of Limited Liability Company
Commercial Act — Article 287-20 (Liability for Damages)
상법 제287조의20
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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