Trust Indenture Act of 1939

Trust Indenture Act of 1939 definition - business

Trust Indenture Act of 1939

The legislation that established rights for security holders under indenture agreements. The act sets standards for trustees, requires financial reports by the issuers to the trustees, and mandates disclosure of owners' rights under the indenture agreements.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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