As prescribed in the articles of incorporation, a company may register preemptive rights with the electronic registration ledger of an electronic registration agency, in lieu of issuing certificates of preemptive rights. In such cases, the provisions of Article 356-2 (2) through (4) shall apply mutatis mutandis.[This Article Newly Inserted by Act No. 10600, Apr. 14, 2011]
Laws › Commercial Act › SECTION 4 Issuance of New Shares
Commercial Act — Article 420-4 (Electronic Registration of Preemptive Rights)
상법 제420조의4
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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