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#1128899 - 02/12/09 06:14 PM Regulation O, Guarantors & Participations
Tesla Offline
Power Poster
Joined: Nov 2003
Posts: 3,726
If you have a loan to a corporation that your insider does NOT control, but personally guarantees and you participate the loan, does the personal guarantee go with the loan? Or, I guess, the real question is do I include the loan in the insider's totals?

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Lending Compliance
#1128904 - 02/12/09 06:19 PM Re: Regulation O, Guarantors & Participations Tesla
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,370
Galveston, TX
If they have guaranteed the loan, then the portion of the loan that you retain on your books would be counted within the insider's loan totals.
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#1128917 - 02/12/09 06:26 PM Re: Regulation O, Guarantors & Participations rlcarey
Tesla Offline
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Joined: Nov 2003
Posts: 3,726
Thanks!

So, a 100% loan participation includes all the guarantees that go with it, right? I guess I am just thinking there would need to be a contract clause including the guarantees or something, but maybe I was over-thinking this!

Thanks, again!
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