Canonum De Ius Fidei
Canons of Fiduciary Law

one heaven iconI.   Introductory Provisions

1.2 Concepts

Article 56 - Solvency

Canon 7291 (link)

Solvency is a 16th Century term coined in relation to Funds to describe the state or condition of having access to sufficient stock of Funds or money to “resolve” the obligations of the valid Trust, or Estate or Fund. Simply, “the ability to pay ones debits out of one’s own present means”.

Canon 7292 (link)

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”.

Canon 7293 (link)

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”.

Canon 7294 (link)

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.

Canon 7295 (link)

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.

Canon 7296 (link)

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.