Regulations Governing the Securities Investor and Futures Trader Protection Institution Article 2

Before a protection institution applies to a court for registration as a foundation, its prospective directors shall file with the Financial Supervisory Commission (FSC) by letter for recordation, attaching each of the following documents in triplicate:1. An application form stating the purpose of the foundation's establishment, its name, the location of the principle office, its total assets, scope of operations, and other required matters.2. The articles of incorporation.3. A list of contributed assets.4. A roster of directors and supervisors, with copies of national identification cards and a diagram of any kinship relations among them.5. Consent statements from those agreeing to serve as a director or supervisor.6. A list of sample specimens of directors' and supervisors' signatures or seals.7. Minutes of the meeting of contributors.8. Minutes of the founding meeting of directors.9. A list of the contributors and consent statements allowing transfer of contributed assets to the ownership of the protection institution.10. A plan of operations and a capital utilization statement.After the letter referred to in the preceding paragraph is filed with the FSC for recordation, the directors of the protection institution shall apply to a court for registration as a foundation within 30 days, and shall file by letter for recordation by the FSC within 30 days from the date registration is completed by the court.