| This paper concentrates the important legal issues happened in the formation andrunning of local government financing platform company; and analyses the legalstatus of local government financing platform company; and researches the platformcompany’s, rights, obligations and responsibilities deeply; and summarizes the legalrisks and causes faced by the platform company; at last raises a number of proposals,in order to improve the system of financing platform company.This article is structured into five parts. The first part is summary research of localgovernment financing platform company, and analyses the related literature at homeand abroad, and introduces the writing purpose and innovative points. The second partis analysis of the legal status of local government financing platform company. Aboveall, discourse the concept of local government financing platform company. Throughrationalization of the four legal relationships between the financing platform companyand local government, research the special legal status of financing platform company.The third part is analysis of the rights, obligations and responsibilities of localgovernment financing platform company. Starting with the point of view of projectfinancing and construction of the local government financing platform company, themain analysis is the two rights, the five obligations and the two responsibilities offinancing platform company. The fourth part is analysis of the legal risks faced by thelocal government financing platform company. Analysis the financing platformcompany’s legal risks and the causes from a legal point of view. The fifth part ismaking suggestions to improve the local government financing platform company. Toamend the existing laws, establish the special management practices and regulatorysystem of local government financing platform company, improving the governancestructure and protecting the healthy development of local government financingplatform company on the system. |
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