Commercial Act — Article 634-3 (Joint Penalty Provisions)

If the representative of a company, or an agent or employee of, or any other person employed, by a company commits a violation under Article 624-2 in connection with the business affairs of the company, not only shall such violator be punished, but also the company shall be punished by a fine under the relevant provisions: Provided, That this shall not apply where such company has not been negligent in giving due attention and supervision concerning the relevant duties to prevent such violation, including where it has faithfully performed its duty under Article 542-13. <Amended by Act No. 10600, Apr. 14, 2011>[This Article Newly Inserted by Act No. 9362, Jan. 30, 2009]