The Financial Institutions Merger Act Article 9
When Financial Institutions are merged, except for a public company which should make public announcement and report within two (2) days from the occurrence of merger in accordance with Paragraph 3 of Article 36 of the Securities and Exchange Act, such institutions shall reach a resolution for merger pursuant to the preceding Article and make a public announcement of the content of the resolution and particulars to be stated in the merger agreement within ten (10) days, without being subject to the provision regarding separate notice under Paragraph 2 of Article 73 of the Company Act and other acts and regulations. The said public announcement shall specify a period of not less than 30 days within which the creditors, fund beneficiaries, right holders of insurance contracts, securities investors or futures traders may raise any objection in writing that the merger would damage their rights and interests.The public announcement referred to in the preceding paragraph shall be consecutively placed at all the business premises for at least seven (7) days and consecutively published in the newspapers, over the Internet, or in a manner designated by the Competent Authority for at least five (5) days.If the Financial Institution does not make the public announcement referred to in the preceding two paragraphs, or if such an institution fails to satisfy the claims of its creditors, fund beneficiaries, right holders of insurance contracts, securities investors, or futures traders who raise an objection within the time limit specified in Paragraph 1, the merger shall not be valid against such creditors, fund beneficiaries, right holders of insurance contracts, securities investors, or futu es traders. The preceding provision does not apply provided the Financial Institution has furnished appropriate security to its creditors, fund beneficiaries, right holders of insurance contracts, securities investors, or futures traders, established a trust for the purpose of paying off debt, or demonstrated that the exercise of rights by its creditors, fund beneficiaries, right holders of insurance contracts, securities investors, or futures traders will not be impeded.
中文原文 金融機構合併法第9條
金融機構合併時,除公開發行股票之公司應依證券交易法第三十六條第三項規定,於事實發生之日起二日內辦理公告並申報外,應依前條規定為合併之決議後,於十日內公告決議內容及合併契約書應記載事項,得不適用公司法第七十三條第二項及其他法令有關分別通知之規定,該公告應指定三十日以上之一定期間,聲明債權人、基金受益人、保險契約權利人、證券投資人或期貨交易人,得於期限內以書面提出合併將損害其權益之異議。
前項公告,應於全部營業處所連續公告至少七日,並於新聞紙、網際網路或以主管機關指定之方式連續公告至少五日。
金融機構未依前二項規定公告,或未對於在第一項指定期間內提出異議之債權人、基金受益人、保險契約權利人、證券投資人或期貨交易人為清償者,不得以其合併對抗之。
但金融機構已對債權人、基金受益人、保險契約權利人、證券投資人或期貨交易人提供相當之擔保、成立專以清償債務為目的之信託或證明無礙其權利之行使者,不在此限。
前項公告,應於全部營業處所連續公告至少七日,並於新聞紙、網際網路或以主管機關指定之方式連續公告至少五日。
金融機構未依前二項規定公告,或未對於在第一項指定期間內提出異議之債權人、基金受益人、保險契約權利人、證券投資人或期貨交易人為清償者,不得以其合併對抗之。
但金融機構已對債權人、基金受益人、保險契約權利人、證券投資人或期貨交易人提供相當之擔保、成立專以清償債務為目的之信託或證明無礙其權利之行使者,不在此限。