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Commercial Act — Article 516-4 (Particulars to be Entered in Bond Subscription Forms, Bond Certificates and Bond Register)

상법 제516조의4

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.

The following matters shall be entered in bond subscription forms, bond certificates, and the bond register in cases of bonds with warrants: Provided, That when the company issues warrant certificates as prescribed in Article 516-5 (1), it shall not be required to enter them in the bond certificates: <Amended by Act No. 5053, Dec. 29, 1995>

1. A statement to the effect that it is a bond with warrant;

2. The particulars prescribed in Article 516-2 (2) 2 through 5;

3. Banks and other financial institutions that will be responsible to receive the payment under Article 516-9 and places where such payments are to be made;

4. A provision that the transfer of shares should be subject to approval of the board of directors, if any.[This Article Newly Inserted by Act No. 3724, Apr. 10, 1984]

‹ Article 516-3All articlesArticle 516-5 ›

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