Regulations Governing Management of Insurance Guaranty Funds Article 15

A board of directors with eleven directors is established for the Guaranty Fund. The qualifications and the method of appointment shall be processed in accordance with the Articles of Endowment.The chairman shall convene meetings of the board of directors and represent the Guaranty Fund externally.If the chairman is unable to perform his/her duties due to a leave of absence, other reasons or legal requirements, the chairman may appoint one of the directors to act on his/her behalf. If the chairman does not appoint or cannot appoint a director, the remaining directors will appoint one among them to perform the chairman's duties.At least one fifth of the total number of directors must have expertise or professional experience related to the purpose of the establishment of the fund.
中文原文 財團法人保險安定基金組織及管理辦法第15條
安定基金設董事會,置董事十一人,其資格及產生方式,依捐助章程規定辦理。
董事長對內主持董事會,對外代表安定基金。
董事長請假、因故或依法不能行使職權時,由董事長指定董事一人代理之;董事長未指定或無法指定代理人者,由董事互推一人代理之。
董事總人數五分之一以上應具有與設立目的相關之專長或工作經驗。

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