The provisions of Article 350 (2), the latter part of Article 350 (3), Articles 351 and 516-9 (1), (3) and (4), and the former part of Article 516-10 shall apply mutatis mutandis in cases of issuing new shares upon exercising a stock option. <Amended by Act No. 10600, Apr. 14, 2011>[This Article Newly Inserted by Act No. 6086, Dec. 31, 1999]
Laws › Commercial Act › Sub-Section 1 Shares and Share Certificates
Commercial Act — Article 340-5 (Provisions Applicable Mutatis Mutandis)
상법 제340조의5
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For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool: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