Laws › Commercial Act › Sub-Section 2 All-Inclusive Share Swap

Commercial Act — Article 360-11 (Mutatis Mutandis Application of Regulations for Fractional Shares, etc.)

상법 제360조의11

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) The provisions of Article 443 shall apply mutatis mutandis to the share swaps of a company.

(2) The provisions of Articles 339 and 340 (3) shall apply mutatis mutandis to a pledge for shares of a company becoming a wholly owned subsidiary in cases of a share swap.[This Article Newly Inserted by Act No. 6488, Jul. 24, 2001]

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

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