Re: Questions on Tenacatita
Posted by esmitty on August 20, 2010, 2:46 pm, in reply to "Questions on Tenacatita"
Good questions, D, and I look forward to responses.
My understanding is that the bank trust holding fideicomiso is more like a Safety Deposit Box than a guarantor that the title held is valid.
Someone correct me, but I believe you could put a sack of seed or rice or soil in bank trust and the bank would hold if for you as long as the fees were paid. The bank's exposure/liability is limited to returning in like condition that which was held.
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