Commercial loans cannot be transferred to their own accounts, and banks require that they be transferred to third-party accounts.
Commercial loans cannot be transferred to personal cards, and commercial loans cannot be transferred to themselves. When you go to the bank to apply for a venture loan, the funds will be credited to the company account or the designated third-party account. This is to prevent legal persons from misappropriating funds in the name of the company. Because the commercial loan was successfully handled. The company will be responsible for repayment.
The legal person does not need to bear the repayment responsibility without personal assets mortgage guarantee, so the loan funds can only be used for enterprise operation and can only be transferred to the company account.
2. I am a legal person, not a shareholder, and signed a loan contract with ICBC. ...
If the bank's requirements do not meet the 2 1 13 stipulated by law, the mortgage order stipulated in the agreement 526 1 signed by both parties should be started. If the secured mortgage is insufficient, the guarantor shall bear unlimited joint liability 4 102, and the guarantor will continue to perform the remaining obligations on 1653. That's what it means. You can ask some legal advisers specifically. I hope my answer can bring you some help.
3. I am a legal person, not a shareholder. At that time, a contract was signed and unlimited joint liability was signed. A loan is a land mortgage.
If your company is a limited company, then the legal person should be this company, not an individual. The legal representative should be you.
If the loan is not paid by then, the bank will auction the collateral first.
If that's not enough.
Then the bank will find the guarantor, that is, you.
Because you are jointly and severally responsible for wireless, then the company should bear the responsibility of wireless until the debt is paid off. Thank you for your answers. Then I'll be specific. I am the legal representative of the company. Loans at the end of last year. Mortgage with land. I was asked to sign unlimited joint liability. It needs to be returned first when it is due now, but there is no money to return it. The bank said it would auction my personal car and house first if it didn't pay back. Say these are easy to sell and then sell the land of the factory. I'm worried because things are getting bigger. It stands to reason that collateral should be auctioned first. If it is not enough, call me. Now he says he won't pay me back, so he closes my house.
I am the legal representative. What responsibilities should I bear in the company contract?
You don't have to take personal responsibility. If the company is insolvent, it can apply for bankruptcy to pay off its debts.