Laws › Commercial Act › SECTION 4 Marine Insurance

Commercial Act — Article 711 (Missing Ships)

상법 제711조

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) A ship shall be deemed to be missing, when it is uncertain for two months whether she exists or not. <Amended by Act No. 4470, Dec. 31, 1991>

(2) In cases falling under paragraph (1), a total loss shall be presumed. <Amended by Act No. 4470, Dec. 31, 1991>

Korean original (law.go.kr) · Get articles as JSON via API

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