Korean Law in English
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Commercial Act — Article 107 (Commission Agents' Right of Intervention)

상법 제107조

This English translation is based on the Korean text effective 2018-12-19. The Korean law has since been amended (current version effective 2026-09-10) — check the Korean original.

(1) When a commission agent has received a commission to sell or purchase goods having the exchange quotation or securities, he/she may directly become the buyer or seller. In such cases, the price shall be determined by exchange quotation when the commission agent sends notice of the sale or purchase.

(2) In cases falling under paragraph (1), the commission agent may demand remunerations from the principal.[This Article Wholly Amended by Act No. 10281, May 14, 2010]

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