ENFORCEMENT DECREE OF THE KOREA DEVELOPMENT BANK ACT

CHAPTER I GENERAL PROVISIONS

Article 1(Purpose) #

The purpose of this Decree is to prescribe matters delegated by the Korea Development Bank Act and matters necessary for the enforcement thereof.

Article 2(Registration of incorporation) #

(1) The Chairperson of the Korea Development Bank (KDB) (hereinafter referred to as the "Chairperson") shall register the incorporation of KDB at the location of its head office, within two weeks from the date KDB is incorporated.

(2) Matters to be registered for incorporation shall be as follows:

1. Purpose;

2. Name;

3. The location of the head office;

4. The location of branches;

5. Capital, the total number of stocks to be issued, and the face value of a stock;

6. The total number and types of stocks issued, and the contents and numbers by type;

7. Name, resident registration number, and address of the Chairperson;

8. Names and resident registration numbers of the Vice Chairperson, directors, and auditor;

9. Method of giving public notice.

(3) KDB shall register the particulars provided for in each subparagraph of paragraph (2) at the location of its branches or sub-branches, within three weeks from the date of the registration of incorporation.

Article 3(Registration of establishment of branches) #

If a branch office is established, the KDB shall register the name, location, and date of establishment of the branch office at the location of the head office within 2 weeks after establishment.

[This Article Wholly Amended on Jan. 21, 2025]

ENFORCEMENT DECREE OF THE KOREA DEVELOPMENT BANK ACT

Article 1(Purpose) #

Article 2(Registration of incorporation) #

Article 3(Registration of establishment of branches) #

Article 4(Registration of relocation)

Article 5(Registration of change) #

Article 6(Registration for appointment of agent) #

Article 7(Computation of registration period) #

Article 8(Registry office) #

Article 9(Applicant for registration) #

Article 10(Documents to be attached to application for registration) #

Article 11(Public notice of registration of incorporation) #

Article 12(Method of issuing bonds) #

Article 13(Subscription for bonds) #

Article 14(Firm commitment underwriting) #

Article 15(Total Amount of Bonds Issued) #

Article 16(Payment of subscription price for bonds) #

Article 17(Timing to issue bonds) #

Article 18(Issuance of bonds by sales) #

Article 19(Public notice of issuance of bonds by sales) #

Article 20(Keeping of ledger of bonds) #

Article 21(Inspection of ledger of bonds) #

Article 22(Transfer of bonds in non-bearer form) #

Article 23(Creation of pledge on bonds in non-bearer form) #

Article 24(Retirement of bonds) #

Article 25(Deficiency of coupon) #

Article 26(Notice to subscribers for bonds) #

Article 27(Composition of Committee) #

Article 28(Operation of Committee) #

Article 28-2(Categories of business of key industries) #

Article 28-3(Methods of issuing key industry stabilization fund bonds) #

Article 28-4(Exercise of voting rights on stocks held in possession) #

Article 28-5(Composition and operation of deliberative committee on operation of key industry stabilization fund) #

Article 28-6(Scope of companies related to advanced strategic industries) #

Article 28-7(Issuance of high-tech strategic industry fund bonds) #

Article 28-8(Management, investment, and accounting of high-tech strategic industry fund bonds) #

Article 28-9(Exercise of voting rights on held stocks) #

Article 28-10(Financial support for high-tech strategic industry fund) #

Article 28-11(Composition and operation of deliberative committee on operation of high-tech strategic industry fund) #

Article 29(Methods for distributing dividends in kind) #

Article 30(Supervision for sound management) #

Article 31(Ceiling on credit extension to same borrower) #

Article 32(Ceiling on credit extension to same individual or juristic person) #

Article 33(Restrictions on investments in another juristic person) #

Article 34(Restrictions on holding of securities) #

Article 35(Disposal of assets for non-business use) #

Article 36(Building of risk management system) #

Article 37(Accounting standards) #

Article 38(Scope of supervision over soundness of management) #

Article 39(Guidance of sound management) #

Article 40(Public announcement of management) #

Article 41(Inspection of documents) #

Article 42(Management of personally identifiable information) #

Article 43(Procedures for application for authorization) #