A person who has written his/her name and his/her intent to cooperate for the incorporation of the company in the share subscription form and/or in other documents related to the offering of shares for subscription shall assume the same liability as that of an incorporator.
Laws › Commercial Act › SECTION 1 Incorporation
Commercial Act — Article 327 (Liability of Promoters)
상법 제327조
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.
For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool:
https://mcp.apify.com?tools=kr-data/korea-law