An undisclosed association shall be duly formed upon agreement between parties that one of them will make an investment in the business of the other and the other will share profits accruing from such business.
Laws › Commercial Act › CHAPTER IV UNDISCLOSED ASSOCIATION
Commercial Act — Article 78 (Definition)
상법 제78조
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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