Where a credit information company, etc. (excluding credit information providers and users) intends to close its business, it shall dispose of or destroy information under its custody, as determined and publicly notified by the Financial Services Commission. <Amended on Feb. 4, 2020>
Laws › Credit Information Use and Protection Act › CHAPTER IV DISTRIBUTION AND MANAGEMENT OF CREDIT INFORMATION
Credit Information Use and Protection Act — Article 21 (Disposition of archived information upon closure of business)
신용정보의 이용 및 보호에 관한 법률 제21조
This English translation is based on the Korean text effective 2026-08-13. The Korean law has since been amended (current version effective 2026-09-11) — check the Korean original.
For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool: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