Laws › Commercial Act › SECTION 4 Marine Insurance

Commercial Act — Article 713 (Notice of Abandonment)

상법 제713조

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 the insured elects to effect an abandonment, he/she shall give a notice thereof to the insurer within a reasonable period. <Amended by Act No. 4470, Dec. 31, 1991>

(2) Deleted. <by Act No. 4470, Dec. 31, 1991>

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

For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool: https://mcp.apify.com?tools=kr-data/korea-law