Non-Imputation – Full Equity Transfer – (ALTA 15-06, CLTA 127-06)
Loan or Owner’s policy. Insures against knowledge that an incoming partner, director, shareholder or owner might have that could be imputed to the others and create liability. Used in mergers and acquisitions.
ALTA_Endorsement_15-06_Non-Imputation_-_Full_Equity_Transfer_6-17-06[1] ALTA 15-06,
CLTA 127-06