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What to do if there is no date for signing the IOU

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What to do if there is no date for signing the IOU


        

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  • 2024-05-26 12:01:31

    If there is no agreement or no clear agreement on the loan term, the two parties cannot reach a supplementary agreement, and the loan term cannot be determined according to the relevant terms of the contract or the transaction customs, the borrower can return the loan at any time; The lender may demand the borrower to return the loan within a reasonable period of time.

    [Legal Basis]

    In Article 675 of the Civil Code, the borrower shall repay the loan within the agreed time limit.

    If the term of the loan was not agreed or clearly agreed, and cannot be determined in accordance with the provisions of Article 510 of this Law, the borrower may repay the loan at any time; The lender may demand the borrower to return the loan within a reasonable period of time.

    Hao***

    2024-05-26 12:01:31

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