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Commercial Act — Article 548 (Payment for Investment)

상법 제548조

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) Directors shall have members pay the full amount of their investments or furnish all the assets which are the subject matter of the investments in kind.

(2) The provisions of Article 295 (2) shall apply mutatis mutandis to investments in kind made by members.

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