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Civil Act — Article 384 (Transfer of right of option vested in third person)

민법 제384조

(1) Where a third person cannot make an option, the right of option shall be vested in the obligor.

(2) Where a third person does not make an option, the obligee or the obligor may notify him or her to make an option within a reasonably fixed period, and if the third person fails to do so within the period, the right of option shall vest in the obligor.

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