Section 745
Statutory text (Thai original)
ผู้รับจำนองจะบังคับจำนองแม้เมื่อหนี้ที่ประกันนั้นขาดอายุความแล้วก็ได้ แต่จะบังคับเอาดอกเบี้ยที่ค้างชำระในการจำนองเกินกว่าห้าปีไม่ได้
Verbatim from the Royal Gazette / Office of the Council of State
English translation
The mortgagee may enforce the mortgage even after the obligation secured has been barred by prescription, but arrears of interest on the mortgage cannot be enforced for more than five years.
This English translation is provided for reference only and has not yet been firm-verified — always rely on the Thai original.
Firm annotation
Section 745 is part of Book 3 (Specific Contracts) of the Thai Civil and Commercial Code. This entry is awaiting firm-authored commentary; the statutory text above is verbatim from the Office of the Council of State (OCS Krisdika) Thai source, with the English translation from the FAO/UN FAOLEX repository. Always rely on the Thai original for legal proceedings.