Korean Law in English
Laws › Commercial Act › SECTION 4 Issuance of New Shares

Commercial Act — Article 425 (Provisions Applicable Mutatis Mutandis)

상법 제425조

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 provisions of Article 302 (1) and (3), 303, 305 (2) and (3), 306, 318, and 319 shall apply mutatis mutandis to the issuance of new shares.

(2) The provisions of Article 305 (2) shall apply mutatis mutandis where certificates of preemptive rights are issued. <Newly Inserted by Act No. 3724, Apr. 10, 1984>

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