Legal Question in Business Law in Massachusetts
I gave a loan to a business in 201 can a note
be executed now for that loan?
Asked on 8/11/12, 6:01 pm
1 Answer from Attorneys
If the business recognizes and is willing to execute a note, it can do so. If the note is created it should reflect the current terms of the Note. Based on the limited information in the question, I cannot say the business has any obligation to sign a note now.
Answered on 8/11/12, 6:58 pm