Laws › Commercial Act › SECTION 3 Co-ownership of Ships

Commercial Act — Article 765 (Authority of Administrators of Ships)

상법 제765조

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) An administrator of a ship shall have the authority to do all judicial and non-judicial acts concerning the use of the ship.

(2) The effect of any restriction on the agency right of an administrator of a ship shall not be asserted against a third party acting in good faith.[This Article Wholly Amended by Act No. 8581, Aug. 3, 2007]

Korean original (law.go.kr) · Get articles as JSON via API

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