Amendment to the Anti-Dummy Law

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PRESIDENTIAL DECREE NO. 715: Amendment to the Anti-Dummy Law

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Title Source: Supreme Court: Amendment to the Anti-Dummy Law

Law: Presidential Decree No. 715

Decision Date: May 28, 1975

Presidential Decree No. 715 amends the Anti-Dummy Law to allow limited representation of foreign investors in the governing bodies of corporations engaged in partially nationalized activities, while specifying actions that are considered violations and imposing penalties for non-compliance.

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