Korean Law in English
Laws › Commercial Act › SECTION 1 Carriage of Goods

Commercial Act — Article 142 (Right to Deposit or to Refer to Auction in Cases where Consignee is Unknown)

상법 제142조

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) If the consignee cannot be ascertained, the carrier may deposit the goods to the public depository.

(2) In cases falling under paragraph (1), if the carrier gives peremptory notice to the consignor demanding instructions for the disposal of the goods, with a set reasonable period of time, but the consignor fails to give such instructions within the said period, the carrier may sell the goods by auction. <Amended by Act No. 5053, Dec 29, 1995>

(3) If the carrier deposits or sells by auction the goods under paragraphs (1) and (2), he/she shall give a notice thereof without delay to the consignor <Amended by Act No. 5053, Dec 29, 1995>

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