Article 126 Private enterprises shall not be nationalized nor transferred to ownership by a local government, nor shall their management be controlled or administered by the State, except in cases as prescribed by Act to meet urgent necessities of national defense or the national economy.
Laws › Constitution of the Republic of Korea › CHAPTER IX THE ECONOMY
Constitution of the Republic of Korea — Article 126 (null)
대한민국헌법 제126조
For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool:
https://mcp.apify.com?tools=kr-data/korea-law