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Commercial Act — Article 701 (Legal Effects of Change of Voyage)

상법 제701조

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) If a ship embarks on a voyage from a port other than the port of departure determined in an insurance contract, an insurer shall be discharged from liability.

(2) If a ship embarks on a voyage for a port other than the port of arrival determined in an insurance contract, the provisions of paragraph (1) shall be also applicable.

(3) If the port of arrival determined in an insurance contract is changed after the liability of an insurer commences, the insurer shall be discharged from liability when the change is determined.[This Article Wholly Amended by Act No. 4470, Dec. 31, 1991]

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