When a trust enterprise is unable to continue to manage and utilize a collective trust fund due to dissolution, cessation of business, suspension of business, or revocation or cancellation of its business permit, it shall contact another suitable trust enterprise to assume its business and file a report of the results with the competent authority for recordation; if the collective trust fund is not assumed by any other trust enterprises within 3 months, the trust enterprise shall terminate the collective trust fund, and carry out liquidation according to Article 38 herein.

When business assumption referred to in the preceding paragraph occurs, the trust enterprise shall produce a settlement report for each of its collective trust funds, and transfer the trust assets to the succeeding trust enterprise on the agreed transfer date.
The rights and obligations between a trust enterprise that assumes a collective trust fund and the beneficiaries shall be as stipulated in the original collective trust fund agreement, except where changes are otherwise agreed by the beneficiaries.