Anything that does not violate the law (such as usury) is legally binding.
Pay attention to the basic content to be clear.
1, (Who is the creditor and who is the debtor? Write clearly)
2. The IOU is the true intention of the parties (there is no coercion or fraud).
3. The parties have the capacity for civil liability. He is a person with full capacity for civil conduct. (IOUs signed by fools, mental patients, minors, etc. Invalid)
4. Legal reasons for borrowing. (Not supported by the gambling lending law)
5. If the repayment date or maturity date is written on the IOU, it must be within the maturity date before the law can support it.
6. The participation of the third party is not a necessary condition for establishing IOU. Without a third party.
7. Not to mention whether the loan is stamped with a fingerprint.
Is it legal to use red ink to write IOUs? The Russian color of the pen has nothing to do with the validity of the loan.
The key is to look at your other elements: was it written under threat?
Is the author's signature my own?
Did the loan really happen? Wait, many conditions.
Is the IOU written in this way useful in law? Effective.
Is it legally effective for private borrowers to borrow money? There is a difference between IOUs and IOUs. IOU represents a loan contract relationship, while IOU is a settlement of the past economic exchanges between the two parties, indicating a new pure creditor-debtor relationship between the two parties since IOU was formed. There are differences in the application of limitation of action between IOUs and IOUs that do not indicate repayment period or performance period:
1. For the IOUs with no repayment period, the lender can demand repayment from the borrower at any time, and the limitation of action starts from the time when the creditor claims rights; The creditor knows that the debtor's right to issue an IOU with no time limit for performance is infringed, and should claim the right to the people's court within two years from the date of issuance of the IOU, that is to say, the limitation of action is counted from the date of issuance of the IOU with no time limit for performance.
/kloc-borrowed money at the age of 0/5 and made an iou. Do IOUs have legal effect? According to Chinese laws, 15 years old is a person with limited capacity. Whether it is effective to borrow money properly to write IOUs, if the amount is relatively large, it should be treated according to the specific situation.
Is the IOU legal and valid? It's valid only if it's signed.
Is the car loan agreement legally useful? As long as it does not violate Article 52 of the Contract Law, a contract is valid under any of the following circumstances: (1) one party concludes a contract by fraud or coercion, which harms the interests of the state; (2) Malicious collusion that harms the interests of the state, the collective or a third party; (3) Covering up illegal purposes in a legal form; (4) damaging the public interest; (5) Violating the mandatory provisions of laws and administrative regulations.
Look up and write an iou at the bottom. Is it useful in law? Yes
My friend asked me to borrow money. Do the IOUs written on WeChat have legal effect? Lawyer's opinion:
There is a legal basis, but it may not prove enough. Together with your voucher or transfer record, you can determine the loan relationship between you. There is no problem at all.