Article 668 A loan contract shall be in written form, unless otherwise agreed between natural persons.
The contents of a loan contract generally include terms such as loan type, currency, purpose, amount, interest rate, term and repayment method.
Article 669 When concluding a loan contract, the borrower shall, at the request of the lender, provide the true information about the business activities and financial status related to the loan.
Article 200 of the Company Law of People's Republic of China (PRC) If the promoters and shareholders of a company withdraw their capital contribution after the establishment of the company, the company registration authority shall order them to make corrections and impose a fine of more than 5% 15% of the withdrawn capital contribution. Article 159 of the Criminal Law of People's Republic of China (PRC) * * * The promoters and shareholders of the company violate the provisions of the Company Law by failing to deliver money, goods or transfer property rights. Whoever makes false capital contribution or withdraws capital contribution after the establishment of the company, if the amount is huge, the consequences are serious or there are other serious circumstances, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also, or only, be fined for making false capital contribution or withdrawing capital contribution of not less than 2% but not more than 10%. Where a unit commits the crime mentioned in the preceding paragraph, it shall be fined, and the persons who are directly in charge and other persons who are directly responsible shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention.