Korean Law in English
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Commercial Act — Article 159 (Pledges by Warehouse Receipt and Removing Portion of Goods from Warehouse)

상법 제159조

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.

Where the deposited goods have been pledged with a warehouse receipt and the pledgee has given his/her consent, the depositor may demand the return of any portion of the deposited goods even prior to the time for repayment of obligations. In such cases, the warehouse business entity shall enter the type, quality and quantity of the goods thus returned in the warehouse receipt.

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