Regulations on Permission and Supervision of Interior Business Public Welfare Trusts Article 9

Where the trust estates as referred to in the first paragraph of Article 8 are property rights that should be registered, the consignee shall handle the procedure of trust registration at the same time when applying for registration of alteration of property right; where they are securities, the consignee shall mark on the securities or other documents indicating the rights that they are trust estates according to the prescription of the competent authority of target business at the same time when accepting the rights of the securities; where they are stock shares or corporate bonds, a notice shall be given to the company issuing the shares or bonds.Where the trust is established by means of pronouncement, and the trust estates are property rights that should be registered or securities owned by the consignee, the consignee shall handle the trust registration or publication according to the provision of the above paragraph after a pronouncement is made to the public in accordance with the provision of Paragraph 2 of Article 8.