Do shareholders need to sign the company loan?

Legal analysis: a joint stock limited company generally needs the signature of shareholders to lend money to a bank, but sometimes it does not necessarily need the consent of all shareholders to lend money.

Legal basis: Article 39 of the Company Law of People's Republic of China (PRC). Resolutions on major issues such as the dissolution and liquidation of the company and the revision of the company's articles of association must be passed by more than two-thirds of the voting shareholders, which is also an internationally accepted standard.