Articles of Incorporation of the Laboratory Medicine Foundation

• Enacted2010. 05. 24
• Partially amended2012. 03. 05
• Partially amended2014. 08. 20
• Partially amended2015. 11. 26
• Partially amended2020. 07. 13

Chapter 1 General Provisions

Article 1 (Name)

The name of the corporation shall be the Laboratory Medicine Foundation (hereinafter referred to as the Foundation), and its English name shall be Laboratory Medicine Foundation (abbreviated in English as LMF).

Article 2 (Purpose)

The purpose of the Foundation is to contribute to improving public health by enabling accurate and standardized test results to be generated in laboratory medicine laboratories through systematic and comprehensive quality assessment and standardization activities in the field of laboratory medicine.

Article 3 (Office)

The principal office of the Foundation shall be located at Room 505, Building A, Centreville Asterium Seoul, 372 Hangang-daero, Yongsan-gu, Seoul, and branch offices may be established by resolution of the Board of Directors if necessary.
<Amended 2014. 08. 20>

Article 4 (Business)

To achieve the purpose set forth in Article 2, the Foundation shall conduct the following businesses.

• Laboratory certification programs for quality assessment in laboratory medicine.
• Standardization programs for quality assessment in laboratory medicine.
• Quality assessment programs for laboratory medicine medical equipment.
• Programs to improve accuracy and precision for quality assessment in laboratory medicine.
• Education and research programs for quality assessment in laboratory medicine.
• New health technology assessment programs for quality assessment in laboratory medicine.
• International cooperation programs for quality assessment in laboratory medicine.
• Rental revenue business to finance expenses for the Foundation's purpose programs. <Amended 2014. 08. 20>
• Other businesses necessary to achieve the Foundation's purposes.