The Credit Cooperatives Act Of The Republic Of China Article 27
When a credit cooperative fails to comply with the laws and regulations or the articles of the cooperative, or is incapable of sound management of its affairs, as likely to jeopardize the rights and interests of its members and depositors, the Competent Authority may impose the following sanctions:1. Repealing the resolutions adopted at various statutory meetings. The resolutions with contents contravening the laws and regulations shall be null and void;2. Dismissing the managerial officers and staff members, or ordering the credit cooperatives to take disciplinary measures against them;3. Restricting the distribution of remuneration to its directors and supervisors;4. Suspending or discharging directors or supervisors;5. Suspending partial business operations;6. Ordering to discontinue business, liquidate, or amalgamate;7. Ordering to dissolve; and8. Taking any other actions as may be necessary.Sanctions referred to in Subparagraphs 1 to 4 of the preceding paragraph shall be imposed by the county (city) governments or by the municipal governments, and the measures taken thereby shall be reported to the Central Competent Authority for acknowledgment, whereas sanctions referred to in Subparagraphs 5 to 8 shall be forwarded to the Central Competent Authority for action.When a director, supervisor, or managerial officer is suspected of committing an offense of embezzlement, breach of trust, or any other crimes, the credit cooperative shall refer the case to the appropriate authorities for legal action.The vacancy left by a director or supervisor removed from duties according to the provisions of this Act shall be filled by an alternate director or supervisor, if any. Where the number of vacancies of directors or supervisors has reached one-half of the total positions, a by-election shall be held promptly to fill the vacancies.
中文原文 信用合作社法第27條
信用合作社違反法令、章程或無法健全經營而有損及社員及存款人權益之虞時，主管機關得為左列處分：
一、撤銷各類法定會議之決議。
但其決議內容違反法令或章程者，當然無效。
二、撤銷經理人、職員，或命令信用合作社予以處分。
三、限制發給理事、監事酬勞金。
四、停止或解除理事、監事職務。
五、停止部分業務。
六、勒令停業清理或合併。
七、命令解散。
八、其他必要之處置。
前項第一款至第四款，由縣（市）主管機關或直轄市主管機關逕行處理，並報中央主管機關備查；第五款至第八款，應轉請中央主管機關處理。
理事、監事或經理人涉嫌侵占背信或其他刑責者，信用合作社應即移送法辦。
理事、監事經依本法規定解除職務後，其有候補理事、監事者，由候補理事、監事充任，其理事、監事缺額達二分之一者，應即辦理補選。
一、撤銷各類法定會議之決議。
但其決議內容違反法令或章程者，當然無效。
二、撤銷經理人、職員，或命令信用合作社予以處分。
三、限制發給理事、監事酬勞金。
四、停止或解除理事、監事職務。
五、停止部分業務。
六、勒令停業清理或合併。
七、命令解散。
八、其他必要之處置。
前項第一款至第四款，由縣（市）主管機關或直轄市主管機關逕行處理，並報中央主管機關備查；第五款至第八款，應轉請中央主管機關處理。
理事、監事或經理人涉嫌侵占背信或其他刑責者，信用合作社應即移送法辦。
理事、監事經依本法規定解除職務後，其有候補理事、監事者，由候補理事、監事充任，其理事、監事缺額達二分之一者，應即辦理補選。