Securities and Exchange Act Article 112

When any member withdraws from membership or is suspended from trading, the membership stock exchange shall, in accordance with the articles of association, require that member or designate another member to wind up and liquidate its trades on the centralized securities market. The member shall be deemed to have not yet withdrawn from membership or been suspended from trading within the scope of winding up and liquidating the trades.When another member is designated to wind up and liquidate trades under the preceding paragraph, a mandate contract relationship is deemed to exist between the withdrawing member and the designated member within the scope of the purposes of winding up and liquidating the trades.
中文原文 證券交易法第112條
會員退會或被停止買賣時,證券交易所應依章程之規定,責令本人或指定其他會員了結其於有價證券集中交易市場所為之買賣,其本人於了結該買賣目的範圍內,視為尚未退會,或未被停止買賣。
依前項之規定,經指定之其他會員於了結該買賣目的範圍內,視為與本人間已有委任契約之關係。

English translation for reference only; the Chinese text prevails. Not legal advice.