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Commercial Act — Article 755 (Duty to Report and Account)

상법 제755조

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) A shipmaster shall report important matters concerning a voyage to a shipowner without delay.

(2) Whenever a shipmaster finishes a voyage, he/she shall submit an account statement concerning such voyage to a shipowner to obtain his/her approval.

(3) Upon request of a shipowner, a shipmaster shall report matters concerning a voyage and account.[This Article Wholly Amended by Act No. 8581, Aug. 3, 2007]

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