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" ... retirement of the credit, a trust receipt or other similar document covering the goods may be substituted in lieu of the original document, provided that such substitution is conditioned upon a reasonably prompt liquidation of the credit. In order... "
Trust Companies - Página 133
1922
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Analytical Credits: A Study in Brief of the Methods Used to Accumulate ...

Alexander Wall - 1921 - 258 páginas
...customer, and provided further that the acceptor remains secured throughout the life of the acceptance. In the event that the goods must be withdrawn from storage...liquidation of the credit. In order to insure compliance with this condition, it should be required, when the original document is released, either (a) that...
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Acceptances, Their Importance as a Means of Increasing and Simplifying ...

American Exchange National Bank, New York - 1921 - 108 páginas
...customer, and provided further that the acceptor remains secured throughout the life of the acceptance. In the event that the goods must be withdrawn from storage...liquidation of the credit. In order to insure compliance with this condition, it should be required, when the original document is released, either (a) that...
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Commercial Banking Practice Under the Federal Reserve Act: The Law and the ...

National Bank of Commerce in New York - 1921 - 178 páginas
...the acceptance. In the event withdrawal that the goods must be withdrawn from storage from*lor«i» prior to the maturity of the acceptance or the retirement...liquidation of the credit. In order to insure compliance with this condition it should be required, when the original document is released, either (a) that...
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Digest of Rulings of the Federal Reserve Board (1914-1923, Inclusive): With ...

Board of Governors of the Federal Reserve System (U.S.) - 1924 - 407 páginas
...customer, and provided further that the acceptor remains secured throughout the life of the acceptance. In the event that the goods must be withdrawn from storage...liquidation of the credit. In order to insure compliance with this condition it should be required, when the original document is released, either (a) that...
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The Discount Policy of the Federal Reserve System

Benjamin Haggott Beckhart - 1924 - 604 páginas
...customer, and provided further that the acceptor remains secured throughout the life of the acceptance. In the event that the goods must be withdrawn from storage...upon a reasonably prompt liquidation of the credit. The regulations further stipulated that the acceptances for any one customer in excess of 10% 60 of...
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The Discount Policy of the Federal Reserve System

Benjamin Haggott Beckhart - 1924 - 604 páginas
...customer, and provided further that the acceptor remains secured throughout the life of the acceptance. In the event that the goods must be withdrawn from storage...substituted in lieu of the original document, provided that sucli substitution is conditioned upon a reasonably prompt liquidation of the credit. The regulations...
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The Code of Federal Regulations of the United States of America

1949
...withdrawn; And provided further, That the acceptor remains secured throughout the life of the acceptance. In the event that the goods must be withdrawn from storage...liquidation of the credit. In order to insure compliance with this condition it should be required, when the original document is released, either (i) that...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1959
...life of the acceptance. If the goods are withdrawn from storage before maturity of the acceptance or retirement of the credit, a trust receipt or other...upon a reasonably prompt liquidation of the credit; and, to this end, It should be required, when the original document is released, either that the proceeds...
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The Code of Federal Regulations of the United States of America

1971
...life of the acceptance. If the goods are withdrawn from, storage before maturity of the acceptance or retirement of the credit, a trust receipt or other...upon a reasonably prompt liquidation of the credit; and, to this end, it should be required, when the original document Is released, either that the proceeds...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1971
...life of the acceptance. If the goods are withdrawn from storage before maturity of the acceptance or retirement of the credit, a trust receipt or other...original document, provided that such substitution la conditioned upon a reasonably prompt liquidation of the credit; and, to this end, it should be required,...
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