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The Nuts and Bolts of ESOP Loans (PDF)
Blue Ridge ESOP Associates in Plan Consultant Magazine
July 17, 2017 "There is a very high probability an ESOP will be leveraged during its lifecycle. When this leveraging occurs and the ESOP takes on debt to acquire company stock, a number of legal documents are drafted to record the terms of the transaction and the requirements of the involved parties. As the TPA of an ESOP, it is important to understand the reason these documents exist and the differences between ESOP internal loans versus external loans." MORE >> |
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