Legal subjectivity:

Effective. The IOU needs to be signed by the names of both parties, and the ID number does not need to be written. To be legally effective, the IOU must meet the following conditions: 1. The IOU must be in written form; 2. The content of the IOU must include terms such as the type, currency, purpose, amount, interest rate, term, and repayment method of the loan; 3. Both parties need to agree Sign or stamp. Article 502 of the Civil Code: A contract established in accordance with the law shall take effect from the time of its establishment, unless otherwise provided by law or otherwise agreed upon by the parties. Article 668: A loan contract shall be in written form, unless otherwise agreed upon for a loan between natural persons. The content of a loan contract generally includes terms such as loan type, currency, purpose, amount, interest rate, term and repayment method. Legal objectivity:

Article 668 of the "Civil Code" The loan contract shall be in written form, unless otherwise agreed on the loan between natural persons. The content of a loan contract generally includes terms such as loan type, currency, purpose, amount, interest rate, term and repayment method.