Even if a partnership relationship exists between the co-owners of a ship, any co-owner may transfer his/her apportionment of the ship to another person without the consent of the other co-owners: Provided, That the same shall not apply in cases of an administrator of a ship.[This Article Wholly Amended by Act No. 8581, Aug. 3, 2007]
Laws › Commercial Act › SECTION 3 Co-ownership of Ships
Commercial Act — Article 759 (Transfer of Apportionments)
상법 제759조
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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