The loan of an enterprise whose actual controller dies shall be borne by its successor within the scope of the estate. If the enterprise debt crisis is caused by the legal representative's work responsibility, the legal representative may have to bear the legal consequences. The legal representative has the responsibility to control the situation in the important decision-making affairs of the company, such as convening a meeting of all shareholders and making decisions.

Information introduction of legal representative

The legal representative refers to the person in charge who exercises functions and powers on behalf of the legal person in accordance with the law or the articles of association of the legal person. China's laws implement a single legal representative system, and it is generally believed that the chief executive of a legal person is its only legal representative. If the company is the chairman or executive director or manager, the legal representative of the stock exchange is the general manager, and the legal representative of the industrial enterprise owned by the whole people is the factory director or manager.

The internal relationship between the legal representative and the company legal person is often a labor contract relationship, so the legal representative belongs to the category of employees. The legal representative's external duty behavior is a legal person's behavior, and the consequences shall be borne by the legal person. In addition, a legal person may not oppose a bona fide third party by limiting the internal authority of the legal representative.

Legal Representative The legal representative of an enterprise shall, within the scope of functions and powers stipulated by national laws, regulations and articles of association, exercise functions and powers, perform obligations and participate in civil activities on behalf of an enterprise as a legal person, and the legal representative of an enterprise may entrust others to perform duties on its behalf.

When the legal representative of the company entrusts others to act as an agent, he shall entrust it in writing. The duties that must be performed by the legal representative according to laws and regulations shall not be entrusted to others. The legal representative of an enterprise as a legal person is the signatory who exercises power on behalf of the enterprise.