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Laws › Commercial Act › SECTION 11 Division of Company

Commercial Act — Article 530-12 (Physical Division)

상법 제530조의12

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 provisions of this Section shall apply mutatis mutandis where a company to be divided acquires the total number of shares of a company to be incorporated due to a division or a merger after division.[This Article Newly Inserted by Act No. 5591, Dec. 28, 1998]

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