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Thread: Is a bank required to have adequate cash (FRN) on hand to cash out a large check?

  1. #51
    Quote Originally Posted by Michael Joseph View Post
    But since we are discussing the Trust which contemplates the use of notes and banking - then we cannot stir from notes and the laws which have the administrative oversight which is to say the management of banking practices. For the State did not create the Law - rather the Law creates the State. Lex Rex as it were and is.

    Thusly one must keep it legal to the trust structure one has reposed a confidence within. Said use evidences a confidence reposed.

    Best regards,
    MJ

    This sort of thing is described in the Tariff. If one asks with confidence they might be able to read the tariff right there at the bank. The manager will probably let you have a look.

  2. #52
    Quote Originally Posted by Chex View Post
    Don't know what you mean by shadow banking?

    Follow the rules - 12 U.S. Code ยง 3105 - Authority of Federal Reserve System
    That is just the thing ...

    Shadow banking is outside the rules and regulations of banking authorities.

    Lots of shadow banks are in operation such as payday loan advance shops and private equity firms. You can even create your own if you know how.

    Shadow banking can go by many other names as well such as private banking, private equity banking, full reserve banking, and private capital formation.

    Banking is an operation. If you know and understand that operation, you can replicate or create it for your own personal gain.

    I have, at this point in my life, found my own personal "holy grail" of personal finance and private banking, thus I'm shifting my entire personal economy towards this (private capital formation) as the center.
    Last edited by shikamaru; 09-02-18 at 10:04 AM.

  3. #53
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    Quote Originally Posted by marcel View Post
    Yes! That's pretty much what I did. I am one of several beneficiaries yet my name is not listed as owner.

    Thanks to everyone who got me going on this. Have learned so much about trusts.
    Great; glad to hear. When it comes to TRUSTS we're privileged to have some of the best minds on the topic posting here ... on both sides of the coin.

  4. #54
    I was told once that you can reverse the metaphysics if you set the Driver License card on the dashboard where the officer can reach it and say, "You can TAKE it if you need to USE it."

    But I have never tried this. And I drive very carefully so that I never am stopped. Those same metaphysics exist between a locomotive and a caboose both however sharing metaphysical evidence between the boxcars but no evidence of any tramp.

  5. #55
    Is this how you spot a private trust created by a suitor?

    b. Specific Powers and Authority. In the administration of the Trust, the Trustees shall have and may exercise at any time the following powers and authorities in such manner and upon such terms and conditions as they may from time to time deem proper:
    i. To purchase or otherwise acquire real or personal property with redeemed lawful money, and to sell, exchange, pledge, lease, or in any manner deal with the property of the Trust;

  6. #56
    Quote Originally Posted by marcel View Post
    Is this how you spot a private trust created by a suitor?
    I have some Crosstalk:

    You are quite welcome.

    You have framed the spirit of www.lawfulmoneytrust.com and Michael Joseph and I both appreciate aware people. Thank you.


    -----Original Message-----
    From:
    Sent: Thursday, September 20, 2018 3:37 AM
    To: David Merrill
    Subject: Re: RE:

    Thank you David! In the pursuit of financial harmony there are people who learned to deposit money in a special type of Account that does not allow the fractiinaluzation...its a pre enginereed trust witb over two hundred years if history.

    It allows private family banking .. where wealth is warehoused perpetually passed on to the next generation tax free at a guaranteed compounded growth.

    One of the first lessons taught is that we all are in the banking business... but our educators only teach us how to write a check.

    I am thankful for the infirmation you and the trust provide on the subject.

    Regards,

  7. #57
    Senior Member
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    Massachusetts
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    i. To purchase or otherwise acquire real or personal property with redeemed lawful money,
    Very good. Now what if the Trustees wanted, as they may from time to time deem proper, to purchase property using gold or silver, or bitcoin or ethereum?

  8. #58
    Quote Originally Posted by xparte View Post
    I was told once that you can reverse the metaphysics if you set the Driver License card on the dashboard where the officer can reach it and say, "You can TAKE it if you need to USE it."

    But I have never tried this. And I drive very carefully so that I never am stopped. Those same metaphysics exist between a locomotive and a caboose both however sharing metaphysical evidence between the boxcars but no evidence of any tramp.

    An enjoyable metaphor!

    I chuckle even if there are not enough dots to connect.

  9. #59
    So if approximately 50 percent of me is here, where is the other half of my attention and energy?
    25 percent of me is engaged in that locomotive energy 25% is along for the ride . identify a tramp in a boxcar is evident of no locomotion. identification all traffic looks the same . Trained Bulls looking for tramp evidence its a 50/50 shot at commercial competence fiduciary freight insurance boxcar bond. metaphysics principal minimized dots.

  10. #60
    Quote Originally Posted by lorne View Post
    Very good. Now what if the Trustees wanted, as they may from time to time deem proper, to purchase property using gold or silver, or bitcoin or ethereum?
    The Trustees are free to do that, the trust declaration just lays out some specific powers. as they may from time to time deem proper. Yeah the document template I used is very wordy - almost like whoever wrote it was paid by the word.

    Anyway l assure you the Trust will not be buying anything using the toxic currency known as Federal Reserve notes.

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