Private School Act Article 72

In any of the following circumstances, a school legal person may report to the competent authority and dissolve after being granted approval:1. Its school(s) has shut down in accordance with Article 70, and has been unable to reopen or make improvements after the specified period of time.2. The school legal person meets the criteria set forth in the donation charter for dissolution.3. The school legal person has donated all its property to the government or other school legal persons.4. The school legal person must dissolve upon merger as stipulated.The legal person authority may order a school legal person under any of the following circumstances to dissolve after consulting the consultative committee:1. A school legal person in a circumstance as indicated in Subparagraph 1 of the preceding paragraph fails to report to the competent authority of legal persons for approval to dissolve.2. A school legal person shuts down their schools or stopping enrolling students without being granted approval.3. A school legal person fails to comply with the order to cease operations issued by the competent authority of schools as stipulated in paragraph 2 of Article 70. Priority shall be given to the payment of unpaid wages and severance pay owed under employment contracts before the commencement of dissolution or liquidation by the school legal person.