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Commercial Act — Article 287-43 (Organizational Changes)

상법 제287조의43

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) With the consent of all shareholders at a general meeting, a stock company may be converted to a limited liability company under this Chapter.

(2) A limited liability company may be converted to a stock company upon consent of all members.[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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