A National Pension Fund must, within the period under paragraph (1) of the preceding Article, give public notice to its creditors that they should state any objection within a fixed period, and must separately demand the same of each known creditor; provided, however, that that period may not be less than two months.
When a creditor does not state an objection to the absorption-type merger within the period under the preceding paragraph, the creditor is deemed to have approved the absorption-type merger.
When a creditor states an objection, the National Pension Fund must pay the creditor's claim, provide reasonable security, or entrust reasonable property to a trust company or a financial institution engaged in trust business for the purpose of having the creditor receive payment; provided, however, that this does not apply when there is no risk of harm to that creditor even if the absorption-type merger is carried out.