Series 52: Trust Indenture

Taken from our MSRB Municipal Securities Representative Qualification Examination

Definition of the term Trust Indenture...

an agreement in a bond contract that spells out the covenants (commitments) to be honored by the issuer and allows a trustee to take action on behalf of the bondholders in the event of default.

Since you're reading about Series 52: Trust Indenture, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 52
Please Enable Javascript
to view this content!