Civil Code Article 881-12
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.
Unless otherwise provided in this Section, any of the events below will be cause for determination of the principal claim secured by a line of credit mortgage:1. The arrival of the stipulated date for determination of the principal claim.2. A change in the scope of the secured claim, or any other event, that results in discontinuance of the principal claim.3. The termination of the legal relationship under which the secured claim was incurred, or extinguishment of that relationship due to any other cause.4. Refusal by the creditor to allow incurrence of further claims, and a demand by the debtor for determination.5. An application by the mortgagee of a line of credit mortgage for a court ruling for auction of the mortgaged property; a demand for transfer of ownership of the mortgaged property pursuant to Article 873-1; or the establishment of a contract pursuant to Article 878.6. Attachment of the mortgaged property by a court due to an application by another creditor for compulsory execution, where the mortgagee of the line of credit mortgage knows of the attachment, or where the executing court notifies the mortgagee of the same, provided that this will not apply if the attachment of the property has been cancelled.7. A court ruling pronouncing bankruptcy of the debtor or mortgagor, provided that this will not apply if the bankruptcy ruling has been vacated by a final and unappealable court ruling.The provisions of Article 881-5, paragraph 2, apply mutatis mutandis to subparagraph 4 of the preceding paragraph.The provisos of paragraph 1, subparagraphs 6 and 7 do not apply if, after determination of the principal claim, a third party has taken assignment of the secured claim, or has created any right to which the claim is subject.
中文原文 民法第881-12條
最高限額抵押權所擔保之原債權，除本節另有規定外，因下列事由之一而確定：
一、約定之原債權確定期日屆至者。
二、擔保債權之範圍變更或因其他事由，致原債權不繼續發生者。
三、擔保債權所由發生之法律關係經終止或因其他事由而消滅者。
四、債權人拒絕繼續發生債權，債務人請求確定者。
五、最高限額抵押權人聲請裁定拍賣抵押物，或依第八百七十三條之一之規定為抵押物所有權移轉之請求時，或依第八百七十八條規定訂立契約者。
六、抵押物因他債權人聲請強制執行經法院查封，而為最高限額抵押權人所知悉，或經執行法院通知最高限額抵押權人者。
但抵押物之查封經撤銷時，不在此限。
七、債務人或抵押人經裁定宣告破產者。
但其裁定經廢棄確定時，不在此限。
第八百八十一條之五第二項之規定，於前項第四款之情形，準用之。
第一項第六款但書及第七款但書之規定，於原債權確定後，已有第三人受讓擔保債權，或以該債權為標的物設定權利者，不適用之。
一、約定之原債權確定期日屆至者。
二、擔保債權之範圍變更或因其他事由，致原債權不繼續發生者。
三、擔保債權所由發生之法律關係經終止或因其他事由而消滅者。
四、債權人拒絕繼續發生債權，債務人請求確定者。
五、最高限額抵押權人聲請裁定拍賣抵押物，或依第八百七十三條之一之規定為抵押物所有權移轉之請求時，或依第八百七十八條規定訂立契約者。
六、抵押物因他債權人聲請強制執行經法院查封，而為最高限額抵押權人所知悉，或經執行法院通知最高限額抵押權人者。
但抵押物之查封經撤銷時，不在此限。
七、債務人或抵押人經裁定宣告破產者。
但其裁定經廢棄確定時，不在此限。
第八百八十一條之五第二項之規定，於前項第四款之情形，準用之。
第一項第六款但書及第七款但書之規定，於原債權確定後，已有第三人受讓擔保債權，或以該債權為標的物設定權利者，不適用之。