Shares may not be issued at a price below the par value: Provided, That this shall not apply to cases falling under Article 417. <Amended by Act No. 1212, Dec. 12, 1962>
Laws › Commercial Act › Sub-Section 1 Shares and Share Certificates
Commercial Act — Article 330 (Restrictions on Issuance of Shares below Par)
상법 제330조
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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