Company Act Article 89
I.Where the aggregate of the assets of a company is insufficient to satisfy its liabilities, the liquidators shall file an application for declaration of bankruptcy.II.The functional duties of liquidators shall terminate upon transfer of the matters transacted by them to the receiver in bankruptcy.III.The liquidators who violated the provision set out in Paragraph One of this Article by failing to apply for declaration of bankruptcy shall each be imposed with a fine in an amount not less than NT$ 20,000 but not more than NT$ 100,000.
中文原文 公司法第89條
公司財產不足清償其債務時，清算人應即聲請宣告破產。
清算人移交其事務於破產管理人時，職務即為終了。
清算人違反第一項規定，不即聲請宣告破產者，各處新臺幣二萬元以上十萬元以下罰鍰。
清算人移交其事務於破產管理人時，職務即為終了。
清算人違反第一項規定，不即聲請宣告破產者，各處新臺幣二萬元以上十萬元以下罰鍰。