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POOR LAWYER DID YOU KNOW
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Posted by SUNNY
(168.49.137.43) on August 15, 2002 at 18:39:54:
Poor layer did you know this that the Federal Reserve Policies and Procedures and the Generally Accepted Accounting Princeples (gaap) requirements imposed upon all Federally-insured (FDIC) banks in Title 12 of the United States Code, section 1831n(a) prohibit them from lending their own money from their own assets, or from other depositors? So why are the bank not telling us where is the money coming from? did anyone knows the the contract you singed (your Promissor note) was going to be converted into a negotiable instrument by the bank and become an asset on the bank's accounting boods? Did the bank tell you that your signature on the note made it money according to the Uniform Commercial Code (UCC) ,sections 1-201(24)and 3(104)? answer if you can please.
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