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Post# of 38473
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Krysti

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Krysti

Re: EarnestDD post# 36760

Monday, 10/20/2014 4:59:52 PM

Monday, October 20, 2014 4:59:52 PM

Post# of 38473
UBRG doesn't trade or carry on business, Earnest.
The relevant contracts and trades are all done by NDR.

Now, if NDR isn't registered there's a potential problem.
BUT it is extremely unlikely that NDR will ever need to sue, or be sued, for payments because transactions are all done on a pass-through basis. NDR never actually has much in it's account. The transactions simply pass through the books of account: the money never rests in the bank account.

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