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BANKING ACT
CHAPTER II AUTHORIZATION, ETC. OF BANKING BUSINESS
조문단위인쇄
 Article 8 (Authorization of Banking Business)
(1) Any person who desires to be engaged in the banking business shall be subject to authorization by the Financial Supervisory Commission. <Amended by Act No. 5540, May 25, 1998; Act No. 5982, May 24, 1999>
(2) In determining whether to grant authorization under paragraph (1), the Financial Supervisory Commission shall confirm the feasibility of a business project, the appropriateness of capital stock, stockholders' composition and stock subscription capital, managerial abilities and probity of the organizers or the management, and the public-interest. In this case, the matters necessary for confirmation methods, etc. shall be determined by the Presidential Decree. <Amended by Act No. 5540, May 25, 1998; Act No. 5745, Feb. 5, 1999; Act No. 5982, May 24, 1999>
(3) The Financial Supervisory Commission may set conditions for authorization under paragraph (1). <Amended by Act No. 5540, May 25, 1998; Act No. 5982, May 24, 1999>