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Commercial Act — Article 571 (Convocation of General Meetings of Members)

상법 제571조

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 general meeting of members shall be convened by directors unless otherwise provided for in this Act: Provided, That an extraordinary general meeting of members may be convened by an auditor as well.

(2) In convening a general meeting of members, notice in writing or by electronic means with the consent of each member shall be given to each member at least one week prior to the date set for such meeting.

(3) The provisions of Articles 363 (2) and 364 shall apply mutatis mutandis to the convocation of a general meeting of members.[This Article Wholly Amended by Act No. 10600, Apr. 14, 2011]

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