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Does the company loan have to be signed by the legal representative?
Corporate loans need to be signed by the legal representative. However, if other responsible persons of the company are authorized by the company, they can also sign the loan documents on behalf of the company. The legal representative may also sign or fingerprint according to laws or agreements. Article 13 of People's Republic of China (PRC) Company Law The legal representative of the company shall be the chairman, executive director or manager in accordance with the articles of association, and shall be registered according to law. Where the legal representative of the company changes, it shall go through the registration of change. Article 61 of the Civil Code The person in charge who engages in civil activities on behalf of a legal person is the legal representative of the legal person in accordance with the provisions of the law or the articles of association of the legal person. The legal consequences of the legal representative's civil activities in the name of a legal person shall be borne by the legal person. The restriction of the legal representative's representation by the articles of association or the functions and powers of the legal person shall not be against the bona fide counterpart. Article 490 Where the parties conclude a contract in the form of a contract, the contract is formed when the parties sign, seal or fingerprint it. Before signing, sealing or fingerprinting, one party has fulfilled its main obligations, and the contract is established when the other party accepts it.