The Banking Act of The Republic of China Article 62-5

The competent authority shall designate a receiver to handle the receivership of a bank and may designate officials to supervise the receiving process; Paragraphs 1 to 3 and 6 of Article 62-2 herein shall apply to the receiver’s performance of duties.The duties of a receiver is as follows:1. To wind up pending businesses.2. To collect outstanding claims and repay all obligations .When a receiver, in performing the duties in the preceding paragraph, transfers the businesses, assets and liabilities of the received bank to another bank or financial institution, or facilitates the merger of the bank with another bank or financial institution, the receiver shall obtain the prior approval from the competent authority.Paragraphs 1 and 3 of the preceding article shall apply where a received bank transfers its businesses, assets, or liabilities to or merges with another bank or financial institution.
中文原文 銀行法第62-5條
銀行之清理,主管機關應指定清理人為之,並得派員監督清理之進行;清理人執行職務,準用第六十二條之二第一項至第三項及第六項規定。
清理人之職務如下:
一、了結現務。
二、收取債權、清償債務。
清理人執行前項職務,將受清理銀行之營業及資產負債讓與其他銀行或金融機構,或促成其與其他銀行或金融機構合併時,應報經主管機關核准。
其他銀行或金融機構受讓受清理銀行之營業及資產負債或與其合併時,應依前條第一項及第三項規定辦理。

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