Regulations for the Establishment, Approval and Management of Long-Term Care Institutions Article 5

Any person with any of the following events shall not act as the representative of a long-term care institution. If such person is already a representative, the person shall be dismissed automatically from such office and a notice shall be given to the relevant industry competent authority:1. Having committed an offence as specified in the Statute for Prevention of Organizational Crimes and subsequently adjudicated guilty by a final judgment.2. Having committed the offense of fraud, breach of trust or embezzlement or any offense under the Anti-Corruption Act and been sentenced to a term of imprisonment of one year or more.3. Having been dishonored for unlawful use of credit instruments, and the term of such sanction has not expired yet.4. Subject to a declaration of bankruptcy or commencement of a liquidation procedure in accordance with a ruling made pursuant to the Consumer Debt Cleanup Act, with the rights not yet reinstated.5. Subject to a declaration of guardianship or assistance, which is not yet cancelled.6. Committing any of the following acts during the term of office as a director or supervisor of a corporation or foundation:(1) Having committed and been convicted of a criminal offense through the use of power, opportunities or means related to their job duties or status, which resulted in a dismissal of office.(2) Violating laws or articles of incorporation or association, possibly jeopardizing the interest or normal operation of the corporation or affiliated institutions and being subject to an order of dismissal from the office by the competent authority pursuant to the petition of any other director, supervisor or interested party or out of the authority of the competent authority.