Article NO. Content

Title:

Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies 

Amended Date: 2019.03.07 
Article 16     If, as a result of a change in circumstances, an entity for which an endorsement/guarantee is made does not meet the requirements of these Regulations or the loan balance exceeds the limit, a public company shall adopt rectification plans and submit the rectification plans to all the supervisors, and shall complete the rectification according to the timeframe set out in the plan.

Interpretation: