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Loan Created in Signers Name-Company Debt

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A customer is signing for a company and owns 25% of the company, if a loan is created in the signers name would the companies debt need to be included in aggregate debt?

What is the context of your question? If it is loans to one borrower and you are a State bank, you would have to refer to State law.

First published on 10/14/2018

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