Trust Indenture Act
Trust Indenture Act 〈美〉《信托合同法》 1939年通过的一部联邦法律,它规定,信托合同应由证券交易委员会〔SEC〕批准,并应增入某些保护条款和排除某些免责条款,且受托人应独立于债券发行公司,体现了对购买公司债券的投资者利益的保护。
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Trust Indenture Act 〈美〉《信托合同法》 1939年通过的一部联邦法律,它规定,信托合同应由证券交易委员会〔SEC〕批准,并应增入某些保护条款和排除某些免责条款,且受托人应独立于债券发行公司,体现了对购买公司债券的投资者利益的保护。
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Trust Indenture Act. A federal law, enacted in 1939, designed to protect investors of certain types of bonds by requiring that (1) the SEC approve the trust indenture, (2) the indenture include certain protective clauses and exclude certain exculpatory clauses, and (3) the trustees be independent of the issuing company.15 USCA §§ 77aaa et seq.
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