Saturday, August 31, 2013

Corporations and interest


The prohibition against borrowing money with interest payments does not apply if the borrower is actually a corporation, assuming that the individual members of the corporation are legally shielded from becoming personally liable for re-payment of the debt.

(Rav Moshe Feinstein, Igrot Moshe Yoreh Deah 2:62)

כתיבה וחתימה טובה,

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