A person liable for the apportionment of general average under Articles 866 and 867 shall be liable within the limit of the existing value as at the time when a ship has arrived or its cargo has been delivered.[This Article Wholly Amended by Act No. 8581, Aug. 3, 2007]
Laws › Commercial Act › SECTION 1 General Average
Commercial Act — Article 868 (Limited Liability of Apportionments of General Average)
상법 제868조
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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