Losses and expenses which have arisen from the disposal of a ship or its cargo by a shipmaster in order to escape a common peril facing the ship and cargo shall constitute general average.[This Article Wholly Amended by Act No. 8581, Aug. 3, 2007]
Laws › Commercial Act › SECTION 1 General Average
Commercial Act — Article 865 (Requirements for General Average)
상법 제865조
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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