Laws › Commercial Act › SECTION 4 Amendments to Articles of Incorporation

Commercial Act — Article 589 (Methods of Subscription to Capital Investment)

상법 제589조

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) In cases of a capital increase, any person who intends to subscribe to the capital investment shall enter the number of units of investment to be subscribed to and his/her address on the instrument certifying such subscription and shall write his/her name and affix his/her seal, or affix his/her signature, thereon. <Amended by Act No. 5053, Dec. 29, 1995; Act No. 10600, Apr. 14, 2011>

(2) No limited company shall offer subscription to a capital investment by means of advertisement or otherwise.

Korean original (law.go.kr) · Get articles as JSON via API

For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool: https://mcp.apify.com?tools=kr-data/korea-law