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

Commercial Act — Article 146 (Statute of Limitations for Carriers' Liability)

상법 제146조

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) The liability of a carrier shall be extinguished when the consignee or the holder of a bill of lading has received the goods without reservation and has paid the freight charges and other expenses. This, however, shall not apply where there is damage to or partial loss of goods which are not immediately discoverable and the consignee has given notice thereof to the carrier within two weeks of the date of delivery.

(2) The provisions of the preceding paragraph shall not apply if the carrier or his/her employee has acted in bad faith.

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