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The director make adequate care in the choice of high or correspondent banks, and securities intermediaries, save for the assets of the investment account funds or investments but, the director will not bear any responsibility for any losses or damages or liabilities, liabilities or expenses incurred by the customer as a result of the failure of any of the persons mentioned work carefully, in the ordinary time, if not na. Grams of fraudulent or wilful default or gross negligence.
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