Korean Law in English
Laws › Commercial Act › CHAPTER VIII FORWARDING AGENT BUSINESS

Commercial Act — Article 118 (Acquisition of Carriers' Rights)

상법 제118조

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.

In cases falling under the preceding Article, when a forwarding agent has made payment to a carrier, he/she shall acquire the rights of such carrier.

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