A company without property generally cannot execute its legal representative. The debts of the company shall be borne by the company's property, but not by the legal representative; But if he is at fault and abuses his rights, he may be jointly and severally liable. According to Article 3 of the Company Law, a company is an enterprise legal person with independent legal person property and legal person property rights. The company is liable for its debts with all its property. Article 20 stipulates that 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.
Legal objectivity:
Article 4 of the Company Law of People's Republic of China (PRC) * * * The shareholders of the company shall enjoy the rights of earning assets, participating in major decisions and selecting managers according to law. Article 3 of the Company Law of People's Republic of China (PRC) is an enterprise legal person, with independent legal person property and legal person property rights. The company is liable for its debts with all its property. Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution; Shareholders of a joint stock limited company shall be liable to the company to the extent of the shares subscribed by them. Article 13 of People's Republic of China (PRC) Company Law The legal representative of the company shall be the chairman, executive director or manager in accordance with the articles of association, and shall be registered according to law. Where the legal representative of the company changes, it shall go through the registration of change.