With respect to money, securities and other valuables, no hospitality service provider shall be liable for damage resulting from the loss of or damage to such articles unless the guest deposits them to the business entity by expressly stating the description and value thereof.[This Article Wholly Amended by Act No. 10281, May 14, 2010]
Laws › Commercial Act › CHAPTER X HOSPITALITY BUSINESS
Commercial Act — Article 153 (Liability for Valuables)
상법 제153조
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.