A claim which has arisen out of general average or recourse under Article 870 shall terminate if no judicial claim is made within one year from the date when the calculation thereof is completed. In such cases, the proviso to Article 814 (1) shall apply mutatis mutandis.[This Article Wholly Amended by Act No. 8581, Aug. 3, 2007]
Laws › Commercial Act › SECTION 1 General Average
Commercial Act — Article 875 (Termination of Claims of General Average)
상법 제875조
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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