What if there is no heir to the company's equity will?

If no one inherits the equity, if there is a legatee, it belongs to the legatee; If not, it belongs to the country. If the shares are owned by members of the collective ownership organization, the shares shall be owned by the collective ownership organization.

legal ground

Article 160 of the Civil Code

Legacy that is not inherited or bequeathed shall be owned by the state and used for public welfare undertakings; If the deceased was a member of a collective ownership organization before his death, it belongs to the collective ownership organization to which he belongs.

Article 16 1

The successor shall pay off the taxes and debts payable by the decedent according to law within the limit of the actual value of the inheritance. The part exceeding the actual value of the estate shall be voluntarily repaid by the heir.

If the heir renounces inheritance, he may not be liable for paying off the taxes and debts that the decedent should pay according to law.

Article 162

The execution of bequest shall not hinder the settlement of taxes and debts payable by the legatee according to law.