Korean Law in English
Laws › Commercial Act › SECTION 4 Marine Insurance

Commercial Act — Article 716 (Approval of Abandonment)

상법 제716조

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.

After an insurer has accepted abandonment, it shall not raise any objection thereto.

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