Trust Indenture Act of 1939

Trust Indenture Act of 1939
Trust Indenture Act of 1939 (TIA)
USA
The Trust Indenture Act of 1939, as amended, supplements the Securities Act in the case of the distribution of debt securities. Generally speaking, the TIA requires the appointment of a suitably independent and qualified trustee to act for the benefit of the holders of the securities, and specifies various substantive provisions for the trust indenture that must be entered into by the issuer and the trustee. The TIA is administered by the SEC, which has issued various rules and regulations under the Act.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • Trust Indenture Act of 1939 — The United States Trust Indenture Act of 1939 (TIA), codified at usc|15|77aaa through usc|15|77bbbb, supplements the Securities Act of 1933 in the case of the distribution of debt securities. Generally speaking, the TIA requires the appointment… …   Wikipedia

  • Trust Indenture Act of 1939 — A law passed in 1939 that prohibits bond issues valued at over $5 million from being offered for sale without a formal written agreement (an indenture), signed by both the bond issuer and the bondholder, that fully discloses the particulars of… …   Investment dictionary

  • Trust Indenture Act of 1939 — A law that requires all corporate bonds and other debt securities to be issued subject to indenture agreements and comply with certain indenture provisions approved by the SEC. Bloomberg Financial Dictionary …   Financial and business terms

  • Trust Indenture Act — Federal Act (1939) designed to protect investors in certain types of bonds by requiring that the trust indenture be approved by the SEC and include certain protective clauses and exclude certain exculpatory clauses, and that trustees be… …   Black's law dictionary

  • trust indenture — n: a document under which a trust (as one created by the issuer of bonds in accordance with the Trust Indenture Act of 1939) is conducted Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. trust indenture …   Law dictionary

  • Trust Indenture Act — A federal statute of 1939 having a purpose comparable to that of other federal securities legislation, namely to afford the public protection in connection with securities. 15 USC §§ 77aaa etc …   Ballentine's law dictionary

  • Securities Act of 1933 — Die Börsen und Aktiengesetze der Vereinigten Staaten sind die Gesetze, die die Einrichtung und den Umgang mit Börsen, Aktiengesellschaften, Aktien und sonstigen börsennotierten Finanzprodukten in den Vereinigten Staaten regeln. Inhaltsverzeichnis …   Deutsch Wikipedia

  • TIA — Trust Indenture Act of 1939 (TIA) USA The Trust Indenture Act of 1939, as amended, supplements the Securities Act in the case of the distribution of debt securities. Generally speaking, the TIA requires the appointment of a suitably independent… …   Law dictionary

  • SEC Form 305B2 — The application for the designation of a new trustee. SEC Form 305B2 is an initial statement filed with the SEC that contains any pre effective amendments. This form allows for a designation of a trustee under the Trust Indenture Act. This form… …   Investment dictionary

  • U.S. Securities and Exchange Commission — Infobox Government agency agency name = U.S. Securities and Exchange Commission nativename = SEC seal width = 140px seal caption = formed = June 6, 1934 jurisdiction = Federal government of the United States headquarters = Washington, D.C.… …   Wikipedia

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