Civil Code Article 717
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 claim of the payee or the transferee against the assignee who has accepted the security payable by an assigned person is extinguished by prescription, if not exercised within three years from date of acceptance.
中文原文 民法第717條
指示證券領取人或受讓人，對於被指示人因承擔所生之請求權，自承擔之時起，三年間不行使而消滅。