December 2024 Limited Liability.Limited Liability Loan Trust Deed • January 19th, 2022
A limited liability loan trust means the loan agreement limits the trustees’ liability to repay the loan to the net value of the trust fund at the time the loan repayment is demanded. So, if the value of the trust fund is less than the outstanding value of the loan at the time repayment is requested, the lender will get back less than the amount they originally lent.