Foundations Act Article 35
A foundation shall, upon the competent authority’s approval on the merger or consolidation, prepare and publish the financial statements and an inventory of property regarding the merger or consolidation within 10 days as well as give a notice to each creditor of the foundation. A creditor may make objections in writing to the merger or consolidation, if any, within 2 months after the public notice; and, failing which, the creditor shall be deemed to have recognized such merger or consolidation.A foundation which fails to give the individual notice or the public notice under the preceding paragraph, or to settle its liabilities with or to provide an appropriate security for the claims of the creditors who have made objections within the specified time period under the preceding paragraph shall not use the merger or consolidation as a defense against such creditors.
中文原文 財團法人法第35條
財團法人經主管機關許可合併後，應於十日內造具並公告有關合併之財務報表及財產目錄；對已知債權人並應個別通知；債權人對合併有異議者，應於公告後二個月內以書面提出異議，未提出異議者，視為承認合併。
財團法人不為前項之通知及公告，或對於在指定期間內提出異議之債權人不為清償，或不提供相當擔保者，不得以其合併對抗債權人。
財團法人不為前項之通知及公告，或對於在指定期間內提出異議之債權人不為清償，或不提供相當擔保者，不得以其合併對抗債權人。