Korean Law in English
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Commercial Act — Article 516-6 (Transfer of Preemptive Rights to New Stocks)

상법 제516조의6

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) If a warrant certificate has been issued, transfer of the preemptive right to new stocks shall be made only by the issuance of such warrant certificate.

(2) The provisions of Articles 336 (2) and 360 of this Act, and Article 21 of the Check Act shall apply mutatis mutandis to warrant certificates.[This Article Newly Inserted by Act No. 3724, Apr. 10, 1984]

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