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Amendments

Title:

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

Amended Date: 2019.03.07 

Title: Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies(2005.12.29)
Date:
Article 5 A public company may make endorsements/guarantees for the following companies:
1. A company with which it does business.
2. A company in which the public company directly and indirectly holds more than 50 percent of the voting shares.
3. A company that directly and indirectly holds more than 50 percent of the voting shares in the public company.
Where a public company fulfills its contractual obligations by providing mutual endorsements/guarantees for another company in the same industry for purposes of undertaking a construction project, or where shareholders make endorsements/ guarantees for their jointly invested company in proportion to their shareholding percentages, such endorsements/guarantees may be made free of the restriction of the preceding paragraph.
Article 7 The term "announce and report" as used in these Regulations means the process of entering data to the information reporting website designated by the Financial Supervisory Commission (FSC), Executive Yuan.