Korean Law in English
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Commercial Act — Article 577 (Resolutions in Writing)

상법 제577조

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) If a resolution by a general meeting of members is required, such resolution may be adopted in writing, if all members have consented thereto.

(2) If all members have consented, in writing, to matters constituting the subject matter of a resolution, such resolution shall be deemed to have been adopted in writing.

(3) A resolution in writing shall have the same effect as a resolution at a general meeting of members.

(4) The provisions regarding general meetings of members shall apply mutatis mutandis to resolutions in writing.

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