(1) The branch does not have its own independent property, and the property actually occupied and used is part of the property of the head office and listed in the balance sheet of the head office.

(2) The branch does not have the legal person qualification and does not bear civil liability independently.

(3) The establishment procedure of a branch is different from that of a company in the general sense, and the establishment of a branch only requires simple registration and business opening procedures.

(4) The branch does not have its own articles of association, and there is no corporate management decision-making body such as the board of directors.

(5) The name of the branch company is the name of the head office plus the words of the company. Although the name has the word company, it is not a real company.

Extended data:

According to the general principles of loans:

Article 17

The borrower shall be an enterprise (legal person), other economic organizations, individual industrial and commercial households or natural persons with full civil capacity registered in China with the approval of the administrative department for industry and commerce (or the competent authority). ?

Borrowers applying for loans should meet the following basic conditions: marketable products, profitable production and operation, no misappropriation of loan funds, and strict credit.

(a) has the ability to repay the principal and interest of the loan on schedule, and the original loan interest payable and the loan due have been paid off; If there is no repayment, a repayment plan approved by the lender has been made. ?

Two, except for natural persons and institutions that do not need the approval and registration of the industrial and commercial departments, the annual inspection procedures shall be handled by the industrial and commercial departments.

3. basic deposit account or general deposit account has been opened. ?

Four, except as stipulated by the the State Council, the accumulated amount of foreign equity investment of limited liability companies and joint stock limited companies shall not exceed 50% of their total net assets. ?

Verb (abbreviation of verb) The borrower's asset-liability ratio meets the requirements of the lender. Six, to apply for medium and long-term loans, the proportion of new project owners' equity in the total investment required by the project is not less than the proportion of investment project capital stipulated by the state.

Article 18

Rights of the borrower:

First, you can apply for loans from the host bank or the agent bank of other banks independently and get loans according to the conditions;

Two, have the right to withdraw and use all the loans as agreed in the contract; ?

3. Have the right to refuse additional conditions other than the loan contract; ?

4. Have the right to report relevant information to the superior bank of the lender and the People's Bank of China; ?

Five, with the consent of the lender, have the right to transfer the debt to a third party.

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