Upon the termination of a contract of an undisclosed association, the business owner shall return to the association members the amount of their investments. When the investment has been diminished due to losses, the remaining balance needs to be returned.
Laws › Commercial Act › CHAPTER IV UNDISCLOSED ASSOCIATION
Commercial Act — Article 85 (Legal Effects of Termination of Contracts)
상법 제85조
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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