Louisiana Revised Statutes 48:877 – Rights and remedies of bondholders and trustees; limitation of action by bondholder
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Terms Used In Louisiana Revised Statutes 48:877
- Trustee: A person or institution holding and administering property in trust.
The trust indenture may set forth the rights and remedies of the bondholders and of the trustee and restrict the individual rights of action of bondholders as is customary in trust indentures serving bonds and debentures of corporations.