Civil Code Article 716
This English translation was last updated on 2021-01-20, but the Chinese text was amended on 2026-08-17. Later amendments may not be reflected in the translation — please refer to the Chinese text.
The payee may transfer the security payable by an assigned person to a third party, except the assignor has inserted in the securities itself that transfer is forbidden.The transfer specified in the preceding paragraph shall be made by endorsement.If the assignee accepts the assignment in favor of the transferee, he shall not take whatever resulting from his legal relationship with the payee as valid defenses against the transferee.
中文原文 民法第716條
領取人得將指示證券讓與第三人。
但指示人於指示證券有禁止讓與之記載者，不在此限。
前項讓與，應以背書為之。
被指示人對於指示證券之受讓人已為承擔者，不得以自己與領取人間之法律關係所生之事由，與受讓人對抗。
但指示人於指示證券有禁止讓與之記載者，不在此限。
前項讓與，應以背書為之。
被指示人對於指示證券之受讓人已為承擔者，不得以自己與領取人間之法律關係所生之事由，與受讓人對抗。