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Commercial Act — Article 84 (Natural Reasons for Contract Termination)

상법 제84조

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.

A contract of an undisclosed association shall end for any of the following reasons:

1. Cessation or transfer of the business;

2. Death of, or commencement of adult guardianship against, the business owner;

3. Bankruptcy of the business owner or of an association member.[This Article Wholly Amended by Act No. 15755, Sep. 18, 2018]

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