Korean Law in English
Laws › Commercial Act › SECTION 2 Rights and Obligations of Members

Commercial Act — Article 553 (Liability of Members)

상법 제553조

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.

Unless otherwise provided for in this Act, the liability of a member shall be limited to the amount of his/her investment in a company.

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