Korean Law in English
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Commercial Act — Article 162 (Right to Demand Storage Charges for Storage)

상법 제162조

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) No warehouse business entity shall demand payment of charges for storage, or any other expenses and substituted donation for another person except at the time when the goods bailed are taken out of the warehouse: Provided, That he/she may demand such payment, even prior to the taking out of the warehouse, with the lapse of the period for storage.

(2) Where any portion of the goods is removed, the warehouse business entity may demand payment of the storage fees, other expenses and substituted donation for another person in proportion thereto.

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