The statutory interest rate on obligations arising out of commercial activities shall be six percent per annum. <Amended by Act No. 1212, Dec. 12, 1962>
Laws › Commercial Act › CHAPTER I COMMON PROVISIONS
Commercial Act — Article 54 (Statutory Interest Rate in Commercial Activities)
상법 제54조
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.
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