Statutes
Civil Code of South Korea (1958)
Introduction The Civil Code of the Republic of Korea (λ―Όλ², Act No. 471) was enacted on February 22, 1958, and took effect on January 1, 1960. It is the foundational private law statute of South Korea, β¦
Commercial Act of South Korea
Introduction The Commercial Act (μλ², Act No. 1000) was enacted on January 20, 1962, and took effect on January 1, 1963. It governs commercial transactions, companies, insurance, maritime commerce, and β¦
Criminal Code of South Korea (1953)
Introduction The Criminal Code of the Republic of Korea (νλ², Act No. 293) was enacted on September 18, 1953, and took effect on October 3, 1953. It is the primary penal statute, establishing the β¦
Monopoly Regulation and Fair Trade Act (MRFTA) of South Korea
Introduction The Monopoly Regulation and Fair Trade Act (MRFTA, λ μ κ·μ λ° κ³΅μ κ±°λμ κ΄ν λ²λ₯ ) , enacted in 1980 and comprehensively revised over four decades, is South Korea’s primary competition and β¦
Personal Information Protection Act (PIPA) of South Korea
Introduction The Personal Information Protection Act (PIPA, κ°μΈμ 보 보νΈλ²) , enacted in 2011 and substantially amended in 2023, is South Korea’s comprehensive data protection statute. PIPA applies to β¦