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Commercial Act — Article 517 (Grounds for Dissolution)

상법 제517조

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.

A stock company shall be dissolved on any of the following grounds: <Amended by Act No. 5591, Dec. 28, 1998>

1. Grounds prescribed in subparagraphs 1, 4 through 6 of Article 227;1-2. A division or merger after division of the company under Article 530-2;

2. A resolution passed at a general meeting of shareholders.

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