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Can securities and managed funds held in the name of a third party be provided as security?

April 26, 2017funds held managed party provided securities security

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Can securities and managed funds held in the name of a third party be provided as security?

1 Answer

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Yes. Security from a guarantor or third party mortgagor can be accepted. Documentation to establish the guarantor or third party mortgagor will be required before acceptance of the security.