Deposit Insurance Act Article 28

When an insured institution ordered to suspend operations by the competent authority or the central competent authority of agricultural finance, the CDIC shall fulfill its insurance responsibilities by any of the following methods:1. Make payouts by cash, remittance, transfer, or other payment methods according to the books and records of the suspended insured institution and the certificate of the outstanding amount of deposits provided by depositors.2. Consult with other insured institutions to make the same amount of deposits as the amount of payout for the depositors of the suspended insured institution and make payment on behalf of the CDIC.3. Provide other insured institutions or financial holding companies with funds, loans, deposits, and guarantees, or purchase the subordinated debts issued by the said insured institutions or financial holding companies in order to facilitate the acquisition or assumption of all or part of businesses, assets, and liabilities of the suspended insured institutions.The estimated cost to the CDIC when it adopts the methods in Subparagraphs 2 and 3 of the previous Paragraph shall be less than the estimated loss arising from the payout subject to Subparagraph 1. However, in the event that there is any potential that will significantly endanger credit order and financial stability, the aforementioned requirement shall not apply if CDIC obtains consent from the competent authority in consultation with the Ministry of Finance and the Central Bank and with the final approval of the Executive Yuan.In the case of insufficiency of deposit insurance, special reserves account for the general financial sector or for the agricultural financial sector as a result of the CDIC's processing of matters under the proviso of the preceding Paragraph, the CDIC can charge special insurance premium from the general financial insured institutions and agricultural financial insured institutions respectively. The special insurance premium rates and the collection period shall be drawn up by the CDIC and submitted to the competent authority for its approval.The operating procedures for fulfilling the insurance responsibilities according to the stipulations in Paragraph 1 shall be drawn up by the CDIC and submitted to the competent authority for approval.
中文原文 存款保險條例第28條
要保機構經主管機關或農業金融中央主管機關勒令停業時,存保公司應依下列方式履行保險責任:
一、根據停業要保機構帳冊紀錄及存款人提出之存款餘額證明,將賠付金額以現金、匯款、轉帳或其他撥付方式支付。
二、商洽其他要保機構,對停業要保機構之存款人,設立與賠付金額相等之存款,由其代為支付。
三、對其他要保機構或金融控股公司提供資金、辦理貸款、存款、保證或購買其發行之次順位債券,以促成其併購或承受該停業要保機構全部或部分之營業、資產及負債。
存保公司辦理前項第二款或第三款所需預估成本,應小於第一款賠付之預估損失。
但如有嚴重危及信用秩序及金融安定之虞者,經存保公司報請主管機關洽商財政部及中央銀行同意,並報行政院核定者,不在此限。
存保公司辦理前項但書規定事項,致一般金融保險賠款特別準備金或農業金融保險賠款特別準備金不足時,得分別向一般金融要保機構及農業金融要保機構收取特別保險費。
特別保險費費率及收取期間,由存保公司擬訂,報請主管機關核定。
存保公司依第一項各款規定履行保險責任之作業程序,由存保公司擬訂,報請主管機關核定。

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