Any transfer of the ownership of a ship which may be registered or recorded shall come into force only by an agreement between the relevant parties: Provided, That such transfer shall not be asserted against a third party unless it has been registered and recorded in a certificate of nationality.[This Article Wholly Amended by Act No. 8581, Aug. 3, 2007]
Laws › Commercial Act › SECTION 1 Ship
Commercial Act — Article 743 (Transfer of Ownership of Ship)
상법 제743조
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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