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We have a customer who has applied for a commercial loan in the name of ABC company. It has a member named Henry Doe and a secretary named Paul Jones who have signed the note for the company. The two have also signed personal guarantees because the bank policy requires them to do so. In the file there is not a Reg B notice for joint intent. Should there be? If I look at 202.2(e), it looks like they should sign one?
Help????
Thanks,
Kelli
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