Laws › Commercial Act › SECTION 6 Dissolution

Commercial Act — Article 287-38 (Grounds for Dissolution)

상법 제287조의38

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.

A limited liability company shall be dissolved on any of the following grounds:

1. In cases falling under matters provided for in subparagraphs 1, 2 and 4 through 6 of Articles 227;

2. In cases where the company no longer has any member.[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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