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Commercial Act — Article 744 (Seizure or Provisional Seizure of Ship)

상법 제744조

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) No seizure or provisional seizure shall be imposed on a ship which has finished preparations for a voyage and its appurtenances: Provided, That the same shall not apply to an obligation which has arisen in the preparations for a voyage.

(2) The provisions of paragraph (1) shall not apply to a ship, the gross tonnage of which is under 20 tons.[This Article Wholly Amended by Act No. 8581, Aug. 3, 2007]

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