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Commercial Act — Article 144 (Public Notification)

상법 제144조

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 consignor, the holder of a bill of lading, or the consignee cannot be ascertained, the carrier shall, for the benefit of the holder of the right over the goods, publicly notify the right holder that he/she should assert his/her right within a prescribed period exceeding six months.

(2) The public notification under the preceding paragraph shall be made twice or more in the Official Gazette or a daily newspaper. <Amended by Act No. 3724, Apr. 10, 1984>

(3) If, even after public notification under paragraphs (1) and (2) has been made by the carrier, no person asserts his/her right within the prescribed period, the carrier may sell the goods by auction. <Amended by Act No. 3724, Apr. 10, 1984>

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