Financial Holding Company Act Article 5

In determining the number of shares or the amount of capital of a financial holding company, bank, insurance company or securities firm held by the same person or same related party, the following shares or capital shall be excluded1. Shares acquired by a securities firm during the underwriting period of the securities and disposed of during the period prescribed by the competent authority.2. Shares acquired by a financial institution under a collateral pledge or security agreement and four years have not elapsed since the date of acquisition.3. Shares acquired by inheritance or bequest and two years have not elapsed since the date of inheritance or bequest.