Agricultural Finance Act Article 37

In case that the credit department is not able to repay a debt or the depositors’ interests may be endangered, arising from a worsening business or financial condition, the central authorities shall terminate all the agents authority of the representatives, the directors, supervisors or general-director of the Farmer’s and Fishermen’s Association or the part hereof towards the credit department, Article 45, 46 of the Farmers’ Association Act and Article 48, 49 of the Fishermen’s Association Act shall not be applied; and the termination may be fulfilled by the appropriate representatives appointed by the central authorities.In case the finance reconstruction funds of the Executive Yuan need to be used, the central authorities may, fulfill the rights prescribed in the preceding paragraph and order the Farmer’s and Fishermen’s Association that comprises the credit department to merge with other Associations comprising an established credit department, and Article 37 of the Farmer’s Association Act and Article 39 of the Fishermen’s Association Act shall not be applied.