Originally posted by doug555
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If a banker says he or she wants information to fulfill Treasury Regulations or any government this or that even because of the PATRIOT Act then the banker is a State or Federal agent and anything about it being their bank policy is sophistry--they are liable as if a public Federal or State agency for any breech of the law or injury, loss or harm they cause in the same manner as a Federal agency would be. If they claim greater powers than the statute, law or regulation then they could be liable for fraud. However, they might try to sell you "its bank policy" Koolaid before you walk out the door.
So, as agents of the principal/trustee, they should know HOW to handle getting a credit from the trustee, right?
So, let's hold them accountable, and if they fail to perform, that is outside the scope of their principal/agent agreement, and then can be held liable.
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