Urban Renewal Act Article 26

The urban renewal project corporation should be a corporation established in accordance with the Company Act. However, if an urban renewal project uses the renovation or maintenance method to process, it will not be restricted by this regulation.
中文原文 都市更新條例第26條
都市更新事業機構以依公司法設立之股份有限公司為限。
但都市更新事業係以整建或維護方式處理者,不在此限。

English translation for reference only; the Chinese text prevails. Not legal advice.