The Credit Cooperatives Act Of The Republic Of China Article 11

A natural person who can prove to have his (her) household registration records or to be working in the business territory of a credit cooperative or a non-profit-making juristic person with an office in the business territory may apply to be admitted to membership in the cooperative.A medium- or small-sized business that has a place of business in the business territory of a credit cooperative may apply to be admitted to the cooperative as an associate member. An associate member shall have the same rights and obligations as a regular member, except that it shall have no right to vote in or run for election.For the purpose of the preceding paragraph, the definition of medium- or small-sized business shall be mutatis mutandis governed by the Banking Act of The Republic of China.The medium- or small-sized business juristic persons which are associate members of a credit cooperative are not governed by Subparagraph 10 of Paragraph 1 of Article 8 of the Business Tax Act.