Non-Imputation Endorsement – (TLTA T-24)
This endorsement is typically requested in situations where it is contemplated that new partners/officers or directors will acquire an interest in the partnership or corporation after closing. This endorsement amends provisions in the Owner Policy so that the Company will not deny liability to the insured for matters imputed to said incoming partners or officers.
NON-IMPUTATION ENDORSEMENT (MEZZANINE FINANCING) T-24.1 TLTA T-24