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Article NO. Content


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

Amended Date: 2019.03.07 
Article 4     The term "endorsements/guarantees" as used in these Regulations refers to the following:
  1. Financing endorsements/guarantees, including:
    1. Bill discount financing.
    2. Endorsement or guarantee made to meet the financing needs of another company.
    3. Issuance of a separate negotiable instrument to a non-financial enterprise as security to meet the financing needs of the company itself.
  2. Customs duty endorsement/guarantee, meaning an endorsement or guarantee for the company itself or another company with respect to customs duty matters.
  3. Other endorsements/guarantees, meaning endorsements or guarantees beyond the scope of the above two subparagraphs.
    Any creation by a public company of a pledge or mortgage on its chattel or real property as security for the loans of another company shall also comply with these Regulations.