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Equivalent - GMSLA Provision: Difference between revisions
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Equivalent - GMSLA Provision (view source)
Revision as of 18:32, 17 December 2015
, 17 December 2015→Commentary
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The reason for that is that a stock loan is a [[title transfer arrangement]]: since you are free to do with the stock I gave you as you please, you can (and probably will) sell it to someone else. So I can't very well expect you to give exactly the same item back to me. [[2.3 - GMSLA Provision|It's not a loan, after all]]. And actually if I were able to ask for the same item back, it would interfere with the legal characterisation of our {{tag|stock loan}} as a {{tag|title transfer}} arrangement. | The reason for that is that a stock loan is a [[title transfer arrangement]]: since you are free to do with the stock I gave you as you please, you can (and probably will) sell it to someone else. So I can't very well expect you to give exactly the same item back to me. [[2.3 - GMSLA Provision|It's not a loan, after all]]. And actually if I were able to ask for the same item back, it would interfere with the legal characterisation of our {{tag|stock loan}} as a {{tag|title transfer}} arrangement. | ||
===GMSLA Equivalence=== | |||
{{gmsla equivalence}} | |||
====See Also==== | ====See Also==== | ||
{{gmslaanatomy}} | {{gmslaanatomy}} | ||