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Commercial Act — Article 881 (Termination of Claims for Collision of Ships)

상법 제881조

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 claim for damages which has arisen due to a collision of ships shall terminate if no judicial claim is made within two years from the date of such collision. In such cases, the proviso to Article 814 (1) shall apply mutatis mutandis.[This Article Wholly Amended by Act No. 8581, Au. 3, 2007]

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