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Commercial Act — Article 491-2 (Notice and Public Notice of Convocation)

상법 제491조의2

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) Article 363 (1) and (2) shall apply mutatis mutandis to cases where a company convene a meeting of bondholders.

(2) Notwithstanding paragraph (1), where a company has issued bearer bonds, it shall give a public notice of its intent to convene a meeting of bondholders and the agenda for the meeting three weeks (two weeks, in case of a company with total capital of less than one billion won) prior to the date of the general meeting of shareholders.[This Article Newly Inserted by Act No. 12591, May 20, 2014]

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