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Is it really true, that according to US law, you have to close down immediately if you lose main lenders? Without being given some time to find new ones to safe

by smoe 10y ago

Is it really true, that according to US law, you have to close down immediately if you lose main lenders? Without being given some time to find new ones to safe the company? Seems odd.

amaterasu 10y ago
Not sure myself, but were they using the line of credit to demonstrate solvency?