Laws › Commercial Act › Sub-Section 2 Directors and Board of Directors

Commercial Act — Article 404 (Representative Suits and Intervention, and Notice of Lawsuits)

상법 제404조

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 company may intervene in a lawsuit under paragraphs (3) and (4) of the preceding Article.

(2) A shareholder who has filed a lawsuit under paragraphs (3) and (4) of the preceding Article shall immediately give a notice of the lawsuit to the company.

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For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool: https://mcp.apify.com?tools=kr-data/korea-law