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Commercial Act — Article 86-7 (Transfer of Partner's Share)

상법 제86조의7

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.

(1) No general partner may transfer all or part of his/her share to a third party without obtaining the unanimous consent of other partners.

(2) A limited partner may transfer his/her share as provided for in the partnership agreement.

(3) A transferee who acquires the share of a limited partner shall succeed to the transferor's rights and obligations to the partnership.[This Article Newly Inserted by Act No. 10600, Apr. 14, 2011]

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