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#2085847 - 06/29/16 02:06 PM Loan to individuals, collateral in trust
Bec Offline
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Bec
Joined: Jul 2010
Posts: 1,115
The Great White North
We have a loan in which the borrowers are individuals, the collateral is held in a Trust in which the borrowers are the trustees. Would it be better to add in the trust as a borrower or to have the trust hypothecate?
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Lending Compliance
#2085854 - 06/29/16 02:16 PM Re: Loan to individuals, collateral in trust Bec
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 84,759
Galveston, TX
That would be a call from your legal counsel.
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