A person who has subscribed to shares is obliged to pay the subscription price in accordance with the number of shares allotted to him/her by the incorporators.
Laws › Commercial Act › SECTION 1 Incorporation
Commercial Act — Article 303 (Duties of Subscribers)
상법 제303조
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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