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BBANBOB

03/08/24 3:41 PM

#724262 RE: newflow #724260

Newflow
Like I said and then I BELIEVE it was ALL put in the DST
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ReikoBlack

03/08/24 4:26 PM

#724265 RE: newflow #724260

Note 9: Investment in Subsidiaries

Since the Effective Date, the Trust had five (5) dormant subsidiaries without any active business operations. The
subsidiaries adopted a plan of liquidation in October 2012. The assets held by these subsidiaries were comprised
solely of cash and cash equivalents. On June 23, 2017, four of the subsidiaries were merged with and into the last
remaining subsidiary, WaMu 1031 Exchange. Prior to such mergers, such subsidiaries distributed their remaining
cash to the Trust. The Trust received $444,333 on June 27, 2017. The last subsidiary, which no longer has any
assets, is expected to be dissolved by December 31, 2017.
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newflow

03/08/24 4:59 PM

#724267 RE: newflow #724260

section 18-209(c) Delaware Limited Liability Act WMI LT WAS THE SOLE OWNER.

https://delcode.delaware.gov/title6/c018/sc02/index.html#18-209

https://bizfileonline.sos.ca.gov/search/business enter "WAMU 1031 EXCHANGE" and look at history. It was merged

WM Citation Holdings was merged into WAMU 1031 EXCHANGE as per 06/29 filing

But the shares were still issued and outstanding.

The filing was made to State Of California SOS.But read 2nd page, it was referring to section 18-209(c) Delaware Limited Liability Act

WHY SUBMITTED TO SOS CALIFORNIA AND REFERRING TO DELAWARE LLC ACT UNLESS THEY MOVED TO DELAWARE?.