(1) Where at least two executive directors have been appointed, a representative executive director who is to represent the company with executive directors shall be appointed by a resolution of the board of directors: Provided, That where there is one executive director, he/she shall be the representative executive director.
(2) With respect to a representative executive director, the provisions concerning the representative director of a stock company shall apply mutatis mutandis, unless otherwise provided for in this Act.
(3) The provisions of Article 395 shall apply mutatis mutandis to a company with executive directors.[This Article Newly Inserted by Act No. 10600, Apr. 14, 2011]