On Tue, 2017-11-07 at 22:41 -0500, Owen Jacobson wrote:
> It’s not clear to me that the suggested ambiguity is sufficient to
> render a fixed asset transferrable, though. Maybe I’m dense, but the
> relevant clauses
> 
> > Pledges are an indestructible fixed asset.
> 
> and
> 
> > An asset generally CAN be transferred (syn. paid, given) by
> > announcement by its owner to another entity, subject to
> > modification by its backing document. A fixed asset is one defined
> > as such by its backing document, and CANNOT be transferred; any
> > other asset is liquid.
> 
> combine fairly clearly.

The first definition has power 1.7, so can't override the power-3
definition of "fixed asset" in your second quote.

-- 
ais523

Reply via email to