Indiana Code 13-26-10-16. Trust indenture; rights and remedies of bondholder and trustee
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Terms Used In Indiana Code 13-26-10-16
- Trustee: A person or institution holding and administering property in trust.
Sec. 16. The trust indenture may set forth the rights and remedies of the bondholders or trustee, restricting the individual right of action of bondholders as is customary in trust indentures securing bonds and debentures of corporations.
[Pre-1996 Recodification Citation: 13-3-2-19(d) part.]
As added by P.L.1-1996, SEC.16.