Foundations Act Article 19
A foundation’s property shall be kept and used in the name of the foundation subject to supervision by the competent authority. A foundation shall not deposit its fund with, or make loan to, any director, supervisor, other individual or non-financial institution.A person who acts in contravention with the preceding paragraph by not keeping and using the property in the name of the foundation shall be subject to a fine of not less than NT$50,000 and not more than NT$1,000,000. A person in violation of the preceding paragraph which restricts the deposit or loan shall be subject to a fine of not less than 2 times and not more than 5 times of the deposit or loan.Use of property under the first paragraph are as follows:(1) Deposit in financial institutions;(2) Purchase of government bond, treasury bills, central bank savings notes, financial bond, negotiable certificate of deposit, bankers' acceptances, commercial papers backed by banks or bills finance companies;(3) Purchase of moveable and real properties necessary for operation;(4) Purchase of publicly issued secured corporate bonds, fixed income beneficiary certificates issued by domestic securities investment trust companies pursuant to the principle of security and reliability;(5) Purchase of shares provided that the total purchase shall not exceed 5 percent of its total property value and the shareholding in a single company shall not exceed 5 percent of this company’s total capital; and(6) Making other investment which may be helpful to increase its source of funds pursuant to the principle of security and reliability. The type and amount of investment shall be stipulated by the competent authority.Unless the law provides otherwise, the endowment property shall be used only in any of the following circumstances:(1) Used in the circumstances set out in subparagraphs (2) to (6) of the preceding paragraph;(2) Used in the circumstances set out in the second paragraph of Article 62;(3) Used in the foundation’s operation for its establishment purpose within the period for which it is established if the charter of endowment provides for such use and period; or(4) Use of the excess, if the endowment property exceeds the minimum requirement stipulated by the competent authority, necessary for the operation set out in the charter of endowment.Unless otherwise approved by the competent authority, the way to make use of property set out in subparagraphs (4) and (5) of the third paragraph, and the use of endowment property set out in subparagraph (1) of the preceding paragraph shall not be used to purchase the shares or corporate bonds issued by the endower or donor or their affiliates if their total endowment or donation reaches one half of the total fund of the foundation.If a foundation’s endowment property becomes lower than the minimum requirement stipulated by the competent authority because of its use of the endowment property in accordance with the fourth paragraph, the competent authority shall order the foundation to make up the deficit within a specified time period, and, failing which, the competent authority may rescind its establishment approval.
中文原文 財團法人法第19條
財團法人財產之保管及運用，應以法人名義為之，並受主管機關之監督；其資金不得寄託或借貸與董事、監察人、其他個人或非金融機構。
未依前項規定以法人名義保管及運用者，處行為人新臺幣五萬元以上一百萬元以下罰鍰。
違反前項不得寄託或借貸之規定者，處行為人寄託或借貸金額之二倍以上五倍以下罰鍰。
第一項規定財產之運用方法如下：
一、存放金融機構。
二、購買公債、國庫券、中央銀行儲蓄券、金融債券、可轉讓之銀行定期存單、銀行承兌匯票、銀行或票券金融公司保證發行之商業本票。
三、購置業務所需之動產及不動產。
四、本於安全可靠之原則，購買公開發行之有擔保公司債、國內證券投資信託公司發行之固定收益型之受益憑證。
五、於財團法人財產總額百分之五範圍內購買股票，且對單一公司持股比率不得逾該公司資本額百分之五。
六、本於安全可靠之原則所為其他有助於增加財源之投資；其項目及額度，由主管機關定之。
捐助財產之動用，除法律另有規定外，以符合下列規定之一者為限：
一、前項第二款至第六款規定之情形。
二、第六十二條第二項規定之情形。
三、財團法人捐助章程定有存立期間，並規定於該期間內以基金辦理設立目的業務。
四、捐助財產超過主管機關所定最低捐助財產總額，為辦理捐助章程所定業務所必需，而動用其超過部分。
第三項第四款與第五款所定財產之運用方法及前項第一款所定捐助財產之動用，除經主管機關核准外，不得購買捐助或捐贈累計達基金總額二分之一以上之捐助人或捐贈人及其關係企業所發行之股票及公司債。
財團法人依第四項動用捐助財產，致捐助財產未達主管機關所定最低捐助財產總額時，主管機關應限期命其補足；屆期未補足者，廢止其許可。
未依前項規定以法人名義保管及運用者，處行為人新臺幣五萬元以上一百萬元以下罰鍰。
違反前項不得寄託或借貸之規定者，處行為人寄託或借貸金額之二倍以上五倍以下罰鍰。
第一項規定財產之運用方法如下：
一、存放金融機構。
二、購買公債、國庫券、中央銀行儲蓄券、金融債券、可轉讓之銀行定期存單、銀行承兌匯票、銀行或票券金融公司保證發行之商業本票。
三、購置業務所需之動產及不動產。
四、本於安全可靠之原則，購買公開發行之有擔保公司債、國內證券投資信託公司發行之固定收益型之受益憑證。
五、於財團法人財產總額百分之五範圍內購買股票，且對單一公司持股比率不得逾該公司資本額百分之五。
六、本於安全可靠之原則所為其他有助於增加財源之投資；其項目及額度，由主管機關定之。
捐助財產之動用，除法律另有規定外，以符合下列規定之一者為限：
一、前項第二款至第六款規定之情形。
二、第六十二條第二項規定之情形。
三、財團法人捐助章程定有存立期間，並規定於該期間內以基金辦理設立目的業務。
四、捐助財產超過主管機關所定最低捐助財產總額，為辦理捐助章程所定業務所必需，而動用其超過部分。
第三項第四款與第五款所定財產之運用方法及前項第一款所定捐助財產之動用，除經主管機關核准外，不得購買捐助或捐贈累計達基金總額二分之一以上之捐助人或捐贈人及其關係企業所發行之股票及公司債。
財團法人依第四項動用捐助財產，致捐助財產未達主管機關所定最低捐助財產總額時，主管機關應限期命其補足；屆期未補足者，廢止其許可。