Trust Enterprise Act Article 32-1

A trust enterprise that manages and employs collective investment trust funds, raises collective trust funds, or formulates a trust agreement involving a majority of trustors or beneficiaries, could draft a term in the trust agreement. Such a term states that a beneficiaries’ meeting shall resolve the execution of rights of a trustor and a beneficiary.A trust agreement shall specify procedures for convening a beneficiaries’ meeting, methods of reaching a resolution, calculation of voting rights, regulations of meetings and other items which shall be complied with.The Trust Association of the Republic of China shall draft a model on items that are specified in a trust agreement and shall be complied with in a beneficiaries’ meeting, and submit the model to the Competent Authority for approval.
中文原文 信託業法第32-1條
信託業辦理信託資金集合管理及運用、募集共同信託基金,或訂定有多數委託人或受益人之信託契約,關於委託人及受益人權利之行使,得於信託契約訂定由受益人會議以決議行之。
受益人會議之召集程序、決議方法、表決權之計算、會議規範及其他應遵行事項,應於信託契約中訂定。
前項信託契約中之受益人會議應遵行事項範本,由信託業商業同業公會擬訂,報請主管機關核定。

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