What are the provisions of the company law on guarantee?

Legal analysis: the company guarantee stipulated in the company law can be divided into general guarantee and special guarantee from the beneficiary of the guarantee. The decision-making power of general guarantee shall be exercised by the board of directors or the shareholders' meeting of the company, but it shall comply with the provisions of the articles of association, and the decision-making power of special guarantee shall only be exercised by the shareholders' meeting. 1. General guarantee: The company's investment in other enterprises or providing guarantee for others shall be decided by the board of directors or the shareholders' meeting according to the articles of association. Where the articles of association stipulate limits on the total amount of investment or guarantee and the amount of individual investment or guarantee, it shall not exceed the prescribed limits. 2. Special guarantee: If the company provides guarantee for the company's shareholders or actual controllers, it must be resolved by the shareholders' meeting or the shareholders' meeting.

Legal basis: Article 16 of the Company Law of People's Republic of China (PRC). Where a company provides a guarantee for the company's shareholders or actual controllers, it must be resolved by the shareholders' meeting or the shareholders' meeting.