Civil Code Article 881-7
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.
If, prior to the determination of the principal claim, the mortgagee or the debtor of a line of credit mortgage is a juristic person and undergoes a merger, the mortgagor may, within 15 days from the date on which it learns of the merger, demand determination of the principal claim. This provision shall not apply, however, more than 30 days after the record date of the merger or when the mortgagor is a party to the merger.When a demand is made pursuant to the preceding paragraph, the principal claim shall be determined at the time of merger.The juristic person surviving or created by the merger shall notify the mortgagor within 15 days from the date of the merger, and shall be liable for damages for any injury to the mortgager resulting from failure to make such notification.The provisions of the preceding three paragraphs apply mutatis mutandis under the circumstances set out in Article 306 or to demerger by the juristic person.
中文原文 民法第881-7條
原債權確定前，最高限額抵押權之抵押權人或債務人為法人而有合併之情形者，抵押人得自知悉合併之日起十五日內，請求確定原債權。
但自合併登記之日起已逾三十日，或抵押人為合併之當事人者，不在此限。
有前項之請求者，原債權於合併時確定。
合併後之法人，應於合併之日起十五日內通知抵押人，其未為通知致抵押人受損害者，應負賠償責任。
前三項之規定，於第三百零六條或法人分割之情形，準用之。
但自合併登記之日起已逾三十日，或抵押人為合併之當事人者，不在此限。
有前項之請求者，原債權於合併時確定。
合併後之法人，應於合併之日起十五日內通知抵押人，其未為通知致抵押人受損害者，應負賠償責任。
前三項之規定，於第三百零六條或法人分割之情形，準用之。