Korean Law in English
Laws › Commercial Act › CHAPTER III ACCOUNT CURRENT

Commercial Act — Article 77 (Termination)

상법 제77조

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.

Any party may terminate the account current at any time. In such cases, he/she may immediately close the account current and demand payment of the balance.

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