The term of office of an auditor shall expire upon the closing of an ordinary general meeting of shareholders convened in respect of the last period for the settlement of accounts within three years after his/her inauguration. <Amended by Act No. 5053, Dec. 29, 1995>[This Article Wholly Amended by Act No. 3724, Apr. 10, 1984]
Laws › Commercial Act › Sub-Section 3 Auditors and Audit Committee
Commercial Act — Article 410 (Term of Office)
상법 제410조
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.
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