1949-12-19 - 1950-12-31

ROK disposal of vested Japanese property

Seoul and southern KoreaROK disposal of vested Japanese property was a Korean economic-policy process in which assets formerly held by Japan or Japanese nationals were transferred from US military-government control into the Republic of Korea’s legal and economic order.

Other events in this phase

ROK State Building15
  1. Bodo League organized
  2. National Bodo League organized
  3. Raid on the Special Committee for Anti-National Collaborators
  4. ROK Farmland Reform Law
  5. U.S. combat troops withdraw from South Korea
  6. ROK disposal of vested Japanese propertyCurrent record
  7. 1950 South Korean legislative election
See all 15

Regional Classification

This is not the Japanese home-island zaibatsu dissolution or a SCAP reform record. It is classified under Korea because the legal and administrative process ran through USAMGIK and then the Republic of Korea, even though the assets originated in the Japanese imperial period.

Institutional Core

Law No. 74, the Vested Property Disposal Act, came into force on 19 December 1949 and defined the rules for administering and selling vested property other than farmland. The archive therefore connects it to ROK state building and economic administration rather than to Japan’s postwar economic reforms.

Source Trail

Official Record국가법령정보센터 · 귀속재산처리법 [시행 1949.12.19.] [법률 제74호]Open sourceReference한국민족문화대백과사전 · 귀속재산처리법Open sourceReference한국민족문화대백과사전 · 귀속재산불하Open sourceJournal ArticleKCI · 귀속재산 연구 동향과 서울지역 귀속재산 불하문서의 사료적 가치Open source