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Commercial Act — Article 56 (Places of Performance of Obligations Arising out of Transactions at Branch Offices)

상법 제56조

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.

If a place of performance of obligations arising out of transactions by a creditor at a branch office has not been specified either by the nature of the activity or by any declaration of intent by the parties, the place of performance of such obligations, other than the delivery of specific articles, shall be deemed the place of such branch office.[This Article Wholly Amended by Act No. 10281, May 14, 2010]

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