Trust Indenture Act of 1939

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The United States Trust Indenture Act of 1939, codified at 15 U.S.C. § 77aaa through 15 U.S.C. § 77bbbb, regulates interstate selling (not government securities or private placements). It requires a corporation to appoint a trustee to act for the benefit of the bond holders.

[edit] External links

• U.S. Securities and Exchange Commission guide