Randy Watson Posted October 8, 2004 Posted October 8, 2004 We recently acquired another corporation that had a dc plan similar to ours. We are rolling outstanding participant loans from the acquired company's plan into our plan. Do we need to execute new notes for these loans since the original notes were between the participants and the prior plan? I'm thinking that we do need new notes because our plan is not a party to the notes. The service provider said that this is not necessary. Any thoughts?
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