Local Government Act Article 86
A judicial person may be formed to handle assets acquired by villages during the Japanese occupation or properties donated by the private sector.
中文原文 地方制度法第86條
村（里）承受日據時期之財產，或人民捐助之財產，得以成立財團法人方式處理之。
English translation for reference only; the Chinese text prevails. Not legal advice.