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Trust Examination Manual
Appendix F- Corporate Trust Law
Table of Contents
Trust Indenture Act of 1939
(Revised through November 15, 1990)
Codified to 15 USC 77aaa through 15 USC 77bbbb
Section 402 of title IV of the Act of November 15, 1990 (Pub. L. No. 101-550; 104 Stat. 2722)
Effective November 15, 1990
Trust Indenture Act of 1939
Section 301 Short Title
Section 302 Necessity for Regulation
Section 303 Definitions
Section 304 Exempted Securities and Transactions
Section 305 Securities Required to be Registered Under Securities Act
Section 306 Securities Not Registered Under Securities Act
Section 307 Qualification of Indentures Covering Securities Not Required to be Registered
Section 308 Integration of Procedure With Securities Act and Other Acts
Section 309 When Qualification Becomes Effective; Effect of Qualification
Section 310 Eligibility and Disqualification of Trustee
Section 311 Preferential Collection of Claims Against Obligor
Section 312 Bondholders Lists
Section 313 Reports by Indenture Trustee
Section 314 Reports by Obligor; Evidence of Compliance With Indenture Provisions
Section 315 Duties and Responsibility of the Trustee
Section 316 Direction and Waivers by Bondholders; Prohibition of Impairment of Holder's Right to Payment
Section 317 Special Powers of Trustee; Duties of Paying Agents
Section 318 Effect of Prescribed Indenture Provisions
Section 319 Rules, Regulations, and Orders
Section 320 Hearings by Commission
Section 321 Special Powers of the Commission
Section 322 Court Review of Orders; Jurisdiction of Offenses and Suits
Section 323 Liability for Misleading Statements
Section 324 Unlawful Representations
Section 325 Penalties
Section 326 Effect on Existing Law
Section 327 Contrary Stipulations Void
Section 328 Separability of Provisions
SEC Rules Under Section 304 Of The Trust Indenture Act Of 1939
SEC Regulation A - Conditional Small Issues Exemption
Trust Indenture Act Of 1939
As Amended
AN ACT To provide for the regulation of the sale of certain securities in interstate and foreign commerce and through the mails, and the regulation of the trust indentures under which the same are issued, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, the Act entitled "An Act to provide full and fair disclosure of the character of securities sold in interstate and foreign commerce and through the mails, and to prevent frauds in the sale thereof, and for other purposes", approved May 27, 1933, as amended, is amended by adding at the end thereof the following: