I. Introductory Provisions
1.2 Concepts
Article 56 - Solvency
The term Solvency and Solvent originate from the Latin solventem, from solver meaning “(in specific relation to financial obligations): to loosen; to undo; to free; to release; to acquit; or exempt; to dissolve; break up; to separate; to relax; to cancel; to remove; to solve; to explain; to pay or to fulfill”.
Insolvency is also a 16th Century term coined in relation to Funds to describe the state or condition of not having access to sufficient stock of Funds or money to “resolve” the obligations of the valid Trust, or Estate or Fund. Simply, “the inability to pay ones debits out of one’s own present means”. By the 18th Century, the term was further qualified to include the concept of one “with insufficiency in property, or no means to property to settle debts”.
As it is a fundamental principle of all civilized law and Rule of Law that all men and women are endowed by the Divine Creator with unalienable Rights and that such Rights are the most valuable of Property, therefore no man or woman may be declared insolvent without such an edict, act, ordinance, regulation being an abomination before Heaven and Earth.
It is a fundamental tenet of Christianity and International Law through the United Nations Declaration of Human Rights and of earlier Declarations of Rights that men and women possess equal and inalienable Rights. Therefore, any statute, law, edict, regulation or claim based on the premise that a man, or woman or person to whom they are compelled to be surety may be considered an "insolvent debtor" is not only an absurdity and a profanity, it is morally repugnant, unlawful and illegal.
Any court claim, charge, cause, action or proceeding based on the presumption that a party is an insolvent debtor is ipso facto (as a matter of fact of law), null and void from the beginning.


