Do Tax-lien Certificates Qualify As Security Instruments ...

... such as stocks & bonds?

Comments(1)

  • active_re_investor3rd June, 2004

    This is not a useful question.

    They can be consider a security in that they represent an investment with a security aspect.

    If you are asking if they fall under the various security laws it depends on how they are bought and sold. If someone chooses to raise capital as a pooled vehicle to buy liens they they are definitely operating a securities business (legal or not depending on how they are organized).

    What do you want to know?

    John
    [addsig]

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