(1) In cases where the subject of pledge rights is a share and the company has, at the request of the pledgee, entered the name and address of the pledgee in the register of shareholders and entered his/her name in the share certificate, the pledgee may receive from the company the profit dividends, distribution of residual assets or money mentioned in Article 339, and may apply the sum toward repayment of the obligations owed to him/her in preference to other creditors. <Amended by Act No. 10600, Apr. 14, 2011; Act No. 12591, May 20, 2014>
(2) The provisions of Article 353 (3) of the Civil Act shall apply mutatis mutandis in cases falling under the preceding paragraph.
(3) A pledgee of paragraph (1) may request the company to deliver the share certificate of the shares mentioned in the preceding Article.