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Lending to MRBs

Question: 
Would HR 1595 provide protection when lending to MRBs?
Answer: 

Yes. If the borrower is a compliant state legal MRB, HR 1595, if enacted, would protect the lender against having its MRB-related collateral subject to a forfeiture action.

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Learn more about Mary Beth Guard’s webinar Hemp, CBD, Marijuana and Your Bank -- 2019 Status Update

First published on 05/26/2019

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