Effective conditions for shareholders to guarantee the company's debts.
The effective conditions for shareholders to guarantee the debts of the company are: 1. Guarantee is the personal expression of shareholders, and there is no coercion or fraud; 2. Shareholders have full capacity for civil conduct and the ability to pay off debts on their behalf; 3. Have a legal and valid identity certificate and a permanent residence or permanent residence in the local area; 4. There is no obvious default record and no bad credit record. Article 30 of the Company Law After the establishment of a limited liability company, it is found that the actual price of non-monetary property invested by the company is obviously lower than the amount stipulated in the company's articles of association, and the difference shall be made up by the contributing shareholders; When the company is established, other shareholders shall bear joint and several liabilities. Article 20 of the Company Law: Shareholders of a company shall abide by laws, administrative regulations and articles of association, exercise their rights according to law, and shall not abuse their rights to harm the interests of the company or other shareholders; The company's independent legal person status and the limited liability of shareholders shall not be abused to harm the interests of the company's creditors. Shareholders of a company who abuse their rights and cause losses to the company or other shareholders shall be liable for compensation according to law. Shareholders of a company who abuse the independent status of a company as a legal person and the limited liability of shareholders to evade debts and seriously damage the interests of creditors of the company shall be jointly and severally liable for the debts of the company.