Legal basis:

According to Article 307 of the Criminal Law Amendment (IX), the so-called IOUs he holds have no legal effect if they are modified at will. IOUs are not modified because of writing mistakes, but fabricated and punished.

Article 307 of the Criminal Law Amendment (IX): Whoever brings a civil lawsuit based on fabricated facts, impairs the judicial order or seriously infringes upon the legitimate rights and interests of others, shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or only be fined; If the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years and shall also be fined.

Extended data

Requirements for IOUs:

1. It's best to attach the ID numbers of the lender and the borrower in the debit note to avoid unnecessary disputes.

2. When the borrower signs, the lender must see his signature with his own eyes to prevent the borrower from signing with others, and finally refuse to recognize the IOU.

3. The borrower must be the borrower, not the lender, otherwise the borrower will argue that the content is not the original.

4. Try to avoid using different languages. Simple and semantically simple IOUs are the most standard IOUs. Avoid vague language like "A borrows money from B", because it is easy to tell who is the lender and who is the borrower.

The name should be written as IOU, not IOU. Their legal meanings are quite different. IOUs are valid for 20 years and IOUs for 2 years.

China People's Congress Network-General Principles of People's Republic of China (PRC) Civil Law