Securities and Exchange Act Article 122

A membership stock exchange shall be dissolved upon the occurrence of any one of the following causes:1. Occurrence of any cause of dissolution specified in the articles of association.2. Resolution of the general meeting of members.3. The number of members falls to less than seven.4. Bankruptcy.5. Voidance of the permission for the establishment of the stock exchange.Dissolution under subparagraph 2 of the preceding paragraph shall not become effective without approval by the Competent Authority.
中文原文 證券交易法第122條
會員制證券交易所因左列事由之一而解散:
一、章程所定解散事由之發生。
二、會員大會之決議。
三、會員不滿七人時。
四、破產。
五、證券交易所設立許可之撤銷。
前項第二款之解散,非經主管機關核准,不生效力。

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