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Article NO. Content

Title：

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

Amended Date： 2019.03.07 
Article Content Chapter Content Search Article No. Search Legal Basis Amended Article Legislative History Chinese
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：