How to issue an IOU for hotel debt

IOUs should be concluded in writing. Specifically, the type, currency, purpose, amount, interest rate, term, repayment method and other terms of the debt should be stated. Then the debtor signs or seals it, and writes the year, month, and day when the IOU was signed. Article 667 of the Civil Code: A loan contract is a contract in which the borrower borrows money from the lender and returns the loan and pays interest when due.