Korean Law in English
Laws › Commercial Act › Sub-Section 1 Shares and Share Certificates

Commercial Act — Article 335-5 (Determination of Sale Price)

상법 제335조의5

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) In cases falling under Article 335-4, the sale price of the relevant shares shall be determined through a negotiation between the shareholder and the person who requests sale. <Amended by Act No. 6488, Jul. 24, 2001>

(2) In cases where a negotiation under paragraph (1) is not made within 30 days from the date of receipt of the request under Article 335-4 (1), the provisions of Article 374-2 (4) and (5) shall apply mutatis mutandis. <Amended by Act No. 6488, Jul. 24, 2001>[This Article Newly Inserted by Act No. 5053, Dec. 29, 1995]

‹ Article 335-4All articlesArticle 335-6 ›

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

For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool: https://mcp.apify.com?tools=kr-data/korea-law