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Is it legal to transfer loans between companies?
Legal analysis: directors and senior managers of the company shall not lend the company's funds to others in violation of the company's articles of association or without the consent of the shareholders' meeting or general meeting. Therefore, the company's funds can be lent to others if they meet the provisions of the company's articles of association or are approved by the shareholders' meeting or general meeting.

Legal basis: Provisions of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases Article 1 Private lending as mentioned in these Provisions refers to the financing behavior among natural persons, legal persons and unincorporated organizations.

These provisions shall not apply to financial institutions and their branches engaged in loan business established with the approval of the financial supervision department, as well as disputes arising from loans and other related financial businesses.