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Commercial Act — Article 154 (Statute of Limitations for Liability of Hospitality Service Providers)

상법 제154조

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 statute of limitation for liability under Articles 152 and 153 shall expire, six months after a hospitality service provider returned the deposited articles to the relevant guest, or the portables were recovered by the guest.

(2) The period mentioned in paragraph (1) shall be computed from the date the guest left the establishment, if the articles were totally lost.

(3) The provisions of paragraphs (1) and (2) shall not apply where a hospitality service provider or his/her employee has acted in bad faith.[This Article Wholly Amended by Act No. 10281, May 14, 2010]

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