CCQ-1991 - Civil Code of Québec

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2797. A hypothec is extinguished by the extinction of the obligation whose performance it secures. In the case of a line of credit or in any other case where the debtor obligates himself again under a provision of the act constituting the hypothec, the hypothec, unless cancelled, subsists notwithstanding the extinction of the obligation.
1991, c. 64, a. 2797; I.N. 2014-05-01.
2797. A hypothec is extinguished by the extinction of the obligation whose performance it secures. In the case of a line of credit or in any other case where the debtor obligates himself again under a provision of the deed of hypothec, the hypothec, unless cancelled, subsists notwithstanding the extinction of the obligation.
1991, c. 64, a. 2797.