Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies Article 26-1

A foreign company as specified under Article 165-1 of the Act ("foreign company") shall comply mutatis mutandis with these Regulations when making loans to, and endorsements or guarantees for, others.If the foreign company does not have corporate chops, it may be exempted from application of the provisions of Article 12, paragraph 1, subparagraph 7, and Article 17, paragraph 4.Net worth of a foreign company as calculated under these Regulations means the balance sheet equity attributable to the owners of the parent company.