The Tender For Law

Volume 4

Nov 09, 2013 9:22 PM

Derek Moran

Here's an excerpt from 'The Trust Law Book':

"For example, a corporation may MOVE assets such as ACCOUNTS RECEIVABLE off its books into a trust for itself, the trustee's SOLE obligation being to hold those assets SECURE."

In our situations- have our SECURITY-of-the-PERSONS been "MOVED OFF THE BOOKS," as mentioned here Scott?