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Ms. L takes a loan against her mutual fund holdings. Only a portion of her units are required as security. How will she give effect to this?

a. Transfer the required portion to a new folio and mark a lien on it
b. Mark lien on the entire holdings, irrespective of the requirement
c. Mark lien only on the portion required in the existing folio
d. Transfer the required portion to a new folio and make the lender the joint holder
in Economics and Finance by Platinum (130,806 points) | 132 views

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Ms. L takes a loan against her mutual fund holdings. Only a portion of her units are required as security. How will she give effect to this? - Mark lien only on the portion required in the existing folio

by Platinum (130,806 points)

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