The provisions of the preceding Article shall not apply where total subscription to bonds is made under a contract. The same shall apply to the portion of bonds subscribed for by a company commissioned to offer bonds for subscription.
Laws › Commercial Act › Sub-Section 1 Common Provisions
Commercial Act — Article 475 (Method of Firm Committment Underwriting)
상법 제475조
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.
For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool:
https://mcp.apify.com?tools=kr-data/korea-law