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Commercial Act — Article 562 (Representation of Company)

상법 제562조

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) A director shall represent a company.

(2) If a company has two or more directors, a director to represent the company shall be elected at a general meeting of members unless otherwise provided for in the articles of incorporation.

(3) It may be determined by the articles of incorporation or a general meeting of members that two or more directors shall jointly represent a company.

(4) The provisions of Article 208 (2) shall apply mutatis mutandis to cases falling under the preceding paragraph.

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