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Civil Act — Article 147 (Effect of fulfillment of conditions)

민법 제147조

(1) A juristic act subject to a condition precedent shall become effective upon the fulfillment of the condition.

(2) A juristic act subject to a condition subsequent shall cease to be effective upon the fulfillment of the condition.

(3) If the parties declare an intention that the effect of the fulfillment of conditions be affected retroactively before the actual fulfillment, this intention shall prevail.

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