Debt-legal Analysis

That credit is transfonned into stockshare rights can be translated into the following: as investment subjects, financial assets manage companies that are fonned by state-owned commercial banks, transform commercial banks? bad credit assets into financial assets manage companies?stockshare rights. It not only helps to support state-owned enterprises ,but also helps to lower commercial banks?financial risk ,Credit and stoekshare rights have the common law characters, so the transformation between the both is practicable. But the creditor抯 beneficial risk will be increased obviously The transformation between the both still fiices some law problems ,fhis paper therefore analyzes them, from the angle of equal principle ,coinpany law, commercial bank law and guarantee law. Looking from the international angle, the transformation is die 駈portant measures that dissolves commercial banks?bad credit assets .It is necessamy for us to use the experience for reference .On the whole, the implemention of the transfonnation has more advantages than disadvantages ,but we should ameliorate the relating law systems, from various sides ,so as to ensure state-owned commercial banks and enterprises develop hiealthuly.