Section 8: Agreements for benefit of bond holders
78 words·~1 min read·
/ma/part-i/title-ii/chapter-23l/8A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 8. The agency may make representations and agreements for the benefit of the holders of the agency's bonds and notes or other obligations to provide secondary market disclosure information. The agreement may include:
(i)covenants to provide secondary market disclosure information;
(ii)arrangements for such information to be provided with the assistance of a paying agent, trustee, dissemination or other agent; and
(iii)remedies for breach of the agreements, which remedies may be limited to specific performance.