2.11.10 Legal Opinion

This topic provides information on Maintaining Legal Opinion.

Note:

The fields, which are marked with an asterisk, are mandatory.

1. On Collaterals Maintenance screen, click the Legal Opinion tab.
   The Legal Opinion screen is displayed.

   Figure 2-33 Legal Opinion

   
   

   
   Description of "Figure 2-33 Legal Opinion"

   
   

   For more information on fields, refer to the field description table.

   Table 2-34 Legal Opinion - Field Description

   Field	Description
   Legal Opinion	Specify the legal opinion on the acceptability of the proposed collateral.
   Legal Adviser Details	Specify the legal adviser details.
   Date of Advice	Specify the date when the advice was received from legal team.
   External Opinion	Specify the external opinion.
   External Adviser Details	Specify the external adviser details.
   Recommendation	Specify the final opinion based on the internal and external legal opinion.
   Remarks	Specify the remarks of the credit team, if any.
   Reference Number	Specify the reference number for the collateral.

2. Click Save to save the record.