Korean Law in English
Laws › Enforcement Decree of the Commercial Act › PART III COMPANIES

Enforcement Decree of the Commercial Act — Article 26 (Eligibility as bond administration companies)

상법 시행령 제26조

This English translation is based on the Korean text effective 2026-07-01. The Korean law has since been amended (current version effective 2026-07-23) — check the Korean original.

"A bank, trust company, or any other person prescribed by Presidential Decree" in Article 480-3(1) of the Act means any of the following persons: <Amended on Oct. 25, 2016>

1. Banks established under the Banking Act;

2. The Korea Development Bank established under the Korea Development Bank Act;

3. The Industrial Bank of Korea established under the Industrial Bank of Korea Act;

4. The Nonghyup Bank established under the Agricultural Cooperatives Act;

5. The Suhyup Bank established under the Fisheries Cooperatives Act;

6. A person authorized to engage in trust business under the Financial Investment Services and Capital Markets Act to safe-keep money entrusted by ordinary investors;

7. A person authorized to engage in investment trading business under the Financial Investment Services and Capital Markets Act to underwrite securities for ordinary investors;

8. The Korea Securities Depository;

9. A securities finance company established under the Financial Investment Services and Capital Markets Act.

‹ Article 25All articlesArticle 27 ›

Korean original (law.go.kr) · Get articles as JSON via API

For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool: https://mcp.apify.com?tools=kr-data/korea-law