BUSINESS MERGERS AND ACQUISITIONS ACT Article 13
A company purchasing shares under Article 12 shall proceed as follows:1.Any shares purchased from shareholders of the dissolved company shall be surrendered together with other shares issued by that dissolved company to file an application for registration of cancellation;2.Shares purchased other than the preceding item shall be:(1)transferred to shareholders of the dissolved company or any other company according to a merger/consolidation agreement, share exchange agreement, division plan or any other contract;(2)made an alteration of the entries of the corporate registration;(3)sold at a fair market price within three years from the date of redemption or buying back. If the shares so redeemed or bought back remain unsold after expiry of the foregoing time limit, such shares shall be deemed as the shares which have never been issued by the company; under such circumstance, the company shall apply for an alteration of the entries of the then existing corporate registration in respect of such shares accordingly.No shares redeemed or bought back under this Act shall be produced as pledge and shall not be entitled to the shareholder right before such shares have been sold or cancelled.
中文原文 企業併購法第13條
公司依前條規定買回股份，應依下列規定辦理：
一、消滅公司自合併後買回股東之股份，應併同消滅公司其他已發行股份，於消滅公司解散時，一併辦理註銷登記。
二、前款以外情形買回之股份，得依下列規定辦理：
（一）依合併契約、股份轉換契約、分割計畫或其他契約約定轉讓予消滅公司或其他公司股東。
（二）逕行辦理變更登記。
（三）於買回之日起三年內，按市價將其出售，屆期未經出售者，視為公司未發行股份，並辦理變更登記。
公司依本法規定買回之股份，不得質押；於未出售或註銷前，不得享有股東權利。
一、消滅公司自合併後買回股東之股份，應併同消滅公司其他已發行股份，於消滅公司解散時，一併辦理註銷登記。
二、前款以外情形買回之股份，得依下列規定辦理：
（一）依合併契約、股份轉換契約、分割計畫或其他契約約定轉讓予消滅公司或其他公司股東。
（二）逕行辦理變更登記。
（三）於買回之日起三年內，按市價將其出售，屆期未經出售者，視為公司未發行股份，並辦理變更登記。
公司依本法規定買回之股份，不得質押；於未出售或註銷前，不得享有股東權利。