Laws › Commercial Act › SECTION 10 Merger

Commercial Act — Article 522 (Merger Agreement and Resolution to Approve Merger Agreement)

상법 제522조

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) In order to effect a company merger, a merger agreement shall be prepared and be approved by a general meeting of shareholders. <Amended by Act No. 5053, Dec. 29, 1995; Act No. 5591, Dec. 28, 1998>

(2) A summary of the merger agreement shall be stated in a notice under Article 363. <Amended by Act No. 12591, May 20, 2014>

(3) A resolution for approval under paragraph (1) shall be adopted in accordance with Article 434. <Amended by Act No. 5591, Dec. 28, 1998>

Korean original (law.go.kr) · Get articles as JSON via API

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