Any person who has granted credit in violation of Article 542-9 (1) shall be sentenced to imprisonment with labor for not more than five years or to a fine not exceeding two hundred million won.[This Article Newly Inserted by Act No. 9362, Jan. 30, 2009]
Laws › Commercial Act › CHAPTER VII PENALTY PROVISIONS
Commercial Act — Article 624-2 (Crimes of Violating Provisions concerning Transactions with Interested Persons Including Major Shareholders)
상법 제624조의2
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.
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