If a lessee, or any person who holds in his/her custody anything belonging to a third person, has insured it against damages which he/she may have to pay, its owner may directly request an insurer to compensate for the damages.
Laws › Commercial Act › SECTION 5 Liability Insurance
Commercial Act — Article 725 (Liability Insurance of Custodians)
상법 제725조
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.
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