Thread: Banking Trust
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Old 08-01-2006, 06:37 PM
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Quote:
Originally Posted by mikah2k
Rlynne,
Does the trust, which desires the loan, have any collateral?



Each american-union-state-government is forbidden from exercising irrevocable trusteeship, and yet each such government can borrow.

The (e)states? Perhaps somehow that makes the states 'grantor trusts'.
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