Replies to post #32101 on GRN Holding Corp (GRNF)

[SooS416]

That is where the holding company comes in.

Structured with a private company underneath it technically limits Liabilty for the parent and other companies within the holding company.

So if assets get seized or other legal ramifications of one company the other plug along unaffected.

From what I've read this seems to be a legal grey area at the moment

[All-In-Nodge]

Not all banks or thrift institutions are insured by the FDIC.
Eligible bank accounts are insured up to $250,000 for principal and interest.
The FDIC does not insure share accounts at credit unions.