It depends on the specific situation. In principle, the executive director does not participate in the actual operation of the company. If you are not a shareholder of the company (even a nominal shareholder, you should bear corresponding legal responsibilities), you don't need to bear any legal responsibilities under special circumstances. 1. A limited liability company with a small number of shareholders or a small executive director may have an executive director instead of a board of directors. The functions and powers of the executive director shall be stipulated in the articles of association, but the functions and powers of the general executive director shall be exercised with reference to the relevant provisions of Article 47 of the Company Law on the functions and powers of the board of directors. Two. Responsibility of the executive director The chairman (executive director) has the duty of loyalty and diligence to the company, and shall not take bribes or other illegal income by taking advantage of his authority, and shall not encroach on the company's property, and shall not commit any prohibited acts as stipulated in Article 149 of the Company Law. Three. Possible legal liabilities of the executive director 1. Criminal responsibility: If you don't know anything, you don't need to bear any responsibility. Article 3 1 of the Criminal Law stipulates that if a unit commits a crime, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be sentenced to punishment. 2. Civil Liability Article 150 of the Company Law stipulates that directors, supervisors and senior managers who violate laws, administrative regulations or the Articles of Association in performing their duties shall be liable for compensation.
Legal objectivity:
Article 50 of the Company Law stipulates that a limited liability company with fewer shareholders or a smaller scale may have an executive director instead of a board of directors. The executive director may concurrently serve as the company manager. The functions and powers of the executive director shall be stipulated in the articles of association.