A bond administration company may resign with the consent of the issuing company and of a meeting of bondholders. It may do so with the permission of the court where there exist unavoidable grounds therefor.[This Article Wholly Amended by Act No. 10600, Apr. 14, 2011]
Laws › Commercial Act › Sub-Section 1 Common Provisions
Commercial Act — Article 481 (Resignation of Bond Administration Companies)
상법 제481조
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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