Korean Law in English
Laws › Enforcement Decree of the Commercial Act › PART IV MARINE COMMERCE

Enforcement Decree of the Commercial Act — Article 45 (Scope of ships excluded from application of provisions in part for marine commerce)

상법 시행령 제45조

This English translation is based on the Korean text effective 2026-07-01. The Korean law has since been amended (current version effective 2026-07-23) — check the Korean original.

"Cases as prescribed by Presidential Decree" in the proviso of Article 741(1) of the Act means those cases where a State-owned or public ship falls under any of the following categories:

1. A warship or a police ship;

2. A ship for the inspection of fisheries or for the surveillance of smuggling;

3. Any other ship not used for profit-making but for actual public use, such as a ship for emergency or for human rescue.

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Korean original (law.go.kr) · Get articles as JSON via API

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