| (1) | Where an illegal financial business entity lends a loan, he or she shall not be entitled to receive any interest (including any interest deemed interest under Article 8 (2)) under the loan agreement, and the agreement on the interest in the relevant loan contract shall be invalid. In such cases, Articles 54 and 55 of the Commercial Act shall not apply to illegal financial business entities. <Added on Mar. 3, 2016; Dec. 24, 2018; Jan. 21, 2025> |
| (2) | Deleted. <Dec. 11, 2012> |
[This Article Wholly Amended on Jan. 21, 2009]
[Title Amended on Jan. 21, 2025]