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Commercial Act — Article 86-9 (Administrative Fines)

상법 제86조의9

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.

Where a general partner of a limited partnership, an agent acting for business management or a liquidator as provided for in Article 183-2 or 253, that applies mutatis mutandis pursuant to Article 86-8, neglects registration prescribed in this Chapter, he/she shall be subject to an administrative fine not exceeding five million won.[This Article Newly Inserted by Act No. 10600, Apr. 14, 2011]

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