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Originally Posted by indio007
Anyone know positively if a promissory note is considered "cash"???
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Yes, only when registered on a ucc 3. registered as your property on the public side. (see pg. 11 of 23 in the securitization word document)
See the Securitization word document - it is (113kb) located near the bottom of this:
http://www.commonlawvenue.net/main/MSL.htm website.
I hope it is helpful
Dillon
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We are all in violation of the law somewhere, so is your adversary. Romans 3:23
If you don't turn to Jesus and let him change the way you think, you will perish.
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