Laws › Commercial Act › SECTION 1 Incorporation

Commercial Act — Article 547 (Appointment of First Directors)

상법 제547조

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) Where directors have not been designated by the articles of incorporation, a general meeting of members shall be convened before the incorporation of a company and such directors shall be elected at such meeting.

(2) A general meeting of members under the preceding paragraph may be convened by each member.

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

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