Korean Law in English
Laws › Commercial Act › SECTION 3 Management of Company

Commercial Act — Article 574 (Quorum of General Meetings and Methods of Resolution)

상법 제574조

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 the articles of incorporation or this Act, all resolutions of a general meeting of members shall be adopted in the presence of members holding a majority of votes and by a majority of affirmative votes of the members present.

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