Korean Law in English
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Commercial Act — Article 721 (Subject Matter of Business Liability Insurance)

상법 제721조

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 liability in respect of a business which the insured manages is the subject matter insured, the liability of the insured's agent or business supervisor against a third party shall be deemed to be included in the subject matter of insurance.

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