The board of directors of a bankrupt limited company legally signed the loan. According to Article 125 of the Enterprise Bankruptcy Law, directors, supervisors and senior managers of an enterprise shall bear civil liability according to law if they violate their duty of loyalty and diligence, which leads to the bankruptcy of the enterprise. Persons under the circumstances specified in the preceding paragraph shall not serve as directors, supervisors or senior managers of the enterprise within three years from the date of the end of bankruptcy proceedings.