Korean Law in English
Laws › Commercial Act › SECTION 13 Special Cases for Listed Companies

Commercial Act — Article 542-5 (Methods of Appointment of Directors or Auditors)

상법 제542조의5

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.

Where a listed company intends to appoint directors or auditors at a general meeting of shareholders, such directors or auditors shall be appointed from among candidates publicly announced or notified under Article 542-4 (2).[This Article Newly Inserted by Act No. 9362, Jan. 30, 2009]

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