Korean Law in English
Laws › Commercial Act › SECTION 10 Merger

Commercial Act — Article 525 (Merger Agreement in case of Unlimited Partnership Company or Limited Partnership Company)

상법 제525조

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, in cases where a company surviving a merger or a company newly incorporated by a merger is a stock company, either or both of the constituent companies is or are an unlimited partnership company or limited partnership company, the merger agreement shall be prepared after obtaining the consent of all members.

(2) The provisions of the preceding two Articles shall apply mutatis mutandis to a merger agreement under the preceding paragraph.

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