Private School Act Article 14
The founder(s) shall transfer all matters regarding the organizing of the school legal person to the first cohort of board members within three months following the approval of the competent authority of legal persons, with ownership of all donated assets transferred to the school legal person.When violating the time limit specified in Article 12, Paragraph 1 of the Preceding Article and the Preceding Paragraph, the competent authority of legal persons shall set a due date for the legal persons to comply, the competent authority shall withdraw approval if the legal persons fail to do so. For those who have completed registration, the governing court shall be notified to revoke their registration.
中文原文 私立學校法第14條
創辦人應於法人主管機關核定第一屆董事後三個月內，將籌設學校法人之一切事項移交第一屆董事，並將捐助之所有財產移轉為學校法人所有。
違反第十二條、前條第一項及前項所定期限，經法人主管機關限期辦理，屆期未辦理完成者，廢止其許可；其已完成法人設立登記者，並通知該管法院撤銷其設立登記。
違反第十二條、前條第一項及前項所定期限，經法人主管機關限期辦理，屆期未辦理完成者，廢止其許可；其已完成法人設立登記者，並通知該管法院撤銷其設立登記。