Our board has chosen to not bank MRBs at this time since it's still illegal at the Federal level. At a recent seminar, the topic came up - what if an existing loan becomes an MRB? For instance, a strip mall owner rents to an marijuana store? or a commercial building owner rents to someone to be a warehouse for marijuana products waiting to be distributed? He suggested that we include language in our loan docs going forward that we can recall the loan if it becomes an MRB. Anyone done this and know if LaserPro has such language?
And do you agree that even though we say we don't bank MRBs - if this would happen, we would still be liable for the reporting anyway - correct?
"Whatever you do, work at it with all your heart, as working for the Lord, not for human masters" Colossians 3:23