Standards for the Establishment of Trust Enterprises Article 16

The Competent Authority may revoke a permit for the establishment of a trust company if there is any change in promoters prior to the company's incorporation registration. However, this restriction shall not apply in any of the following circumstances where the company has filed an application with the Competent Authority for approval of the change within two weeks after occurrence of the change:1.A promoter is missing or dies.2.A promoter is declared by a court to be under guardianship or assistance.3.A circumstance set out in Article 2 of the Regulations is found to apply to a promoter after the application for establishment has been submitted.4.A promoter, if a company, is subject to a court ruling for reorganization, or otherwise to a material loss of creditworthiness.For any change other than to a promoter, a report specifying a legitimate reason shall be submitted to the Competent Authority for approval in advance, except that where circumstances do not allow the report to be submitted for approval in advance, it shall be submitted to the Competent Authority for approval within two weeks after the change. The Competent Authority may revoke the permit if a report is not submitted and approved.
中文原文 信託業設立標準第16條
信託公司之設立,於公司設立登記前,發起人有變更者,主管機關得廢止其許可。
但有下列情形之一,並於事實發生後二週內報請主管機關核准變更者,不在此限:
一、發起人失蹤、死亡者。
二、發起人經監護宣告或輔助宣告。
三、發起人於提出設立申請後,經發現有本準則第二條所列情事者。
四、發起人為公司,經法院裁定重整,或有其他重大喪失債信情事者。
發起人以外之事項有變更者,應載明正當理由,事先報請主管機關核准,但依其情形不能事先報請核准者,應於事實發生後二週內報請主管機關核准。
未報經核准者,主管機關得廢止其許可。

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