In law, IOUs are only stamped with a seal. As long as it is the seal of the debtor, it is valid. An IOU is the legal evidence of the debt relationship between the two parties. As long as the IOU is signed or stamped by the debtor, it is valid as long as it is the true expression of the parties’ intentions, and its content and procedures are legal. Therefore, there is only a seal in the IOU. As long as this seal belongs to the debtor, the IOU is valid.

Legal Analysis

If the parties conclude a contract in the form of a contract, the contract is established when both parties sign or seal it. As far as the parties concerned are concerned, they are nothing more than natural persons, legal persons and other organizations. When a natural person concludes a contract, the natural person who concludes the contract usually signs or affixes his or her name and seal. When a legal person concludes a contract, the contract is generally signed by the legal representative of the legal person or the person in charge of other organizations or affixes the official seal of the unit. If the parties conclude a contract in the form of a contract, the contract is established when both parties sign or seal it. Therefore, it is okay to only have the official seal on the IOU. An IOU is a document written by an individual or unit to the relevant unit or individual when they owe money or property. It is okay for the IOU to be stamped only with the official seal, as long as the IOU is the true expression of the parties' intentions, the content and procedures are legal, and it can take effect after being signed or stamped by the parties. Generally speaking, special contract seals and administrative seals can be used as contract seals. As for the effectiveness of special financial seals and official seals of various departments, it depends on the specific situation. If it is only to prove such things as the amount of arrears (inter-enterprise statements), etc. For financial issues, the financial chapter is also valid.

Legal Basis

"People's Republic of China and Civil Code"

Article 490: If the parties conclude a contract in the form of a contract, the parties shall The contract is established when all parties sign, seal or fingerprint. Before signing, sealing or fingerprinting, one party has performed its main obligations and the contract is established when the other party accepts it. Laws and administrative regulations stipulate or the parties agree that a contract should be concluded in written form. If the parties do not use written form but one party has performed its main obligations and the other party accepts it, the contract is established.

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.

Article 143 A civil legal act is valid if it meets the following conditions: (1) The actor has the corresponding capacity for civil conduct; (2) The expression of intention is true; (3) It does not violate laws and administrative regulations The mandatory provisions of laws and regulations do not violate public order and good customs.