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Article 398-11Disposition of Revolving Mortgages

第三百九十八条の十一(根抵当権の処分)

Before the principal is fixed, a revolving mortgagee may not dispose of a revolving mortgage under the provisions of Article 376, paragraph (1); provided, however, that the revolving mortgagee is not precluded from applying that revolving mortgage to secure other claims.

元本の確定前においては、根抵当権者は、第三百七十六条第一項の規定による根抵当権の処分をすることができない。ただし、その根抵当権を他の債権の担保とすることを妨げない。

The provisions of Article 377, paragraph (2) do not apply to payments made before the principal is fixed in the cases provided for in the proviso to the preceding paragraph.

第三百七十七条第二項の規定は、前項ただし書の場合において元本の確定前にした弁済については、適用しない。

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