Distribution of profits shall be made in proportion to the number of shares held by each shareholder: Provided, That this shall not apply in cases falling under Article 344 (1).[This Article Wholly Amended by Act No. 10600, Apr. 14, 2011]
Laws › Commercial Act › SECTION 7 Accounting of Company
Commercial Act — Article 464 (Standards for Distribution of Profits)
상법 제464조
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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