A shipowner and other holders of the rights on the property salvaged shall be liable to pay remunerations for the salvage in proportion to the value of a ship salvaged or the property and to pay salvage charge, such as special remuneration.[This Article Wholly Amended by Act No. 8581, Aug. 3, 2007]
Laws › Commercial Act › SECTION 3 Salvage
Commercial Act — Article 886 (Obligation to Pay Salvage Charge)
상법 제886조
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.
For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool:
https://mcp.apify.com?tools=kr-data/korea-law