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Commercial Act — Article 906 (Advanced Payments)

상법 제906조

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.

(1) In cases of an aircraft accident where a passenger dies or sustains bodily injury, if a legitimate claimant makes a claim for damages, a carrier shall make advanced payments without delay. In such cases, such advanced payments alone shall not be deemed that a carrier is liable therefor.

(2) Any advanced payment made may be appropriated for the damages payable by a carrier.

(3) The amount, procedures, and method of advancement payments shall be prescribed by Presidential Decree.[This Article Newly Inserted by Act No. 10696, May 23, 2011]

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