Enquire about how the debt bearing of the limited liability company is regulated

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How is the debt assumption of a limited liability company regulated

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A company is a legal person of an enterprise, with independent legal person property and legal person property rights. A limited company is liable for its debts with all its assets, and its shareholders are liable for the company to the extent of their capital contributions.

[Legal Basis]

Article 3 of the Company Law states that a company is an enterprise legal person with independent legal person property and legal person property rights. The Company shall be liable for its debts with all its assets.

The shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contributions; The shareholders of a joint stock limited company shall be liable to the company to the extent of the shares they have subscribed for.

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2024-05-28 12:01:51

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