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Commercial Act — Article 482 (Removal of Bond Administration Companies)

상법 제482조

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.

If a bond administration company is unfit to handle relevant administrative affairs or if there is good cause, the court may remove such company from office at the request of the issuing company or of a meeting of bondholders. <Amended by Act No. 1212, Dec. 12, 1962>[This Article Wholly Amended by Act No. 10600, Apr. 14, 2011]

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