(1) Extinctive prescription shall run from the time it becomes possible to exercise a certain right.
(2) The extinctive prescription of a claim, purporting to forbear, shall run from the time of its violation.[Simple Unconstitutionality, 2014Hun-Ba148, Aug. 30, 2018: The part of Article 166(1) of the Civil Act (enacted by Act No. 471 on Feb. 22, 1958) applicable to cases prescribed in Article 2(1)3 and 4 of the Framework Act on Settling the Past for Truth and Reconciliation is unconstitutional.]