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Commercial Act — Article 360-12 (Disclosure of Documents Stating Matters on Share Swap after Share Swap)

상법 제360조의12

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) Directors shall keep the documents stating the following matters at the head office for six weeks from the date of share swap:

1. The date of share swap;

2. The value of current net assets of the company becoming a wholly owned subsidiary on the date of share swap;

3. The number of shares of a wholly owned subsidiary transferred to a wholly owning parent company due to the share swap;

4. Other matters on the share swap.

(2) The provisions of Article 391-3 (3) shall apply mutatis mutandis to the documents listed in paragraph (1).[This Article Newly Inserted by Act No. 6488, Jul. 24, 2001]

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