Korean Law in English
Laws › Commercial Act › SECTION 3 Co-ownership of Ships

Commercial Act — Article 768 (Reporting by Administrators of Ships and Approval Thereof)

상법 제768조

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.

After the termination of each voyage, an administrator of a ship shall, without delay, prepare documents concerning the conditions of the route and the account of such voyage and report them to the co-owners of the ship, and obtain their approval therefor.[This Article Wholly Amended by Act No. 8581, Aug. 3, 2007]

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