The Banking Act of The Republic of China Article 72-1
A commercial bank may issue bank debentures and may agree with the holders that such debentures may be repaid prior to other creditors of the bank; regulations governing their issuance and maximum issuance amounts shall be prescribed by the competent authority after consulting with the Central Bank of the Republic of China.
中文原文 銀行法第72-1條
商業銀行得發行金融債券，並得約定此種債券持有人之受償順序次於銀行其他債權人；其發行辦法及最高發行餘額，由主管機關洽商中央銀行定之。