Korean Law in English
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Commercial Act — Article 335-4 (Requests for Sale by Designated Transferee)

상법 제335조의4

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) Any person designated as an alternative transferee under Article 335-3 (1) may make a written request to the shareholder who made the request for such designation to sell the shares to him/her within ten days of receipt of the notification of such designation.

(2) The provisions of Article 335-3 (2) shall apply mutatis mutandis where a person designated as an alternative transferee fails to make a request for sale within the period set in paragraph (1).[This Article Newly Inserted by Act No. 5053, Dec. 29, 1995]

‹ Article 335-3All articlesArticle 335-5 ›

Korean original (law.go.kr) · Get articles as JSON via API

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