Laws › Commercial Act › CHAPTER VII PENALTY PROVISIONS

Commercial Act — Article 625-2 (Crimes of Violating Share Acquisition Restrictions, etc.)

상법 제625조의2

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.

A person who falls under any of the following shall be punished by a fine not exceeding 20 million won:

1. A person who violates Article 342-2 (1) or (2);

2. A person who violates Article 360-3 (7);

3. A person who violates Article 523-2 (2);

4. A person who violates Article 530-6 (5).[This Article Wholly Amended by Act No. 13523, Dec. 1, 2015]

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

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