A limited partnership shall be duly formed when general partners who, as managers of the partnership, bear unlimited liability for the partnership's obligations and limited partners who bear limited liability within the amount of their investment agree to make a mutual investment in, and jointly manage, a joint business.[This Article Newly Inserted by Act No. 10600, Apr. 14, 2011]
Laws › Commercial Act › CHAPTER IV-2 LIMITED PARTNERSHIP
Commercial Act — Article 86-2 (Definition)
상법 제86조의2
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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