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.
Ind. Code § 13-26-10-16
Trust indenture; rights and remedies of bondholder and trustee
As added by P.L.1-1996, SEC.16.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.