Sec. 301. **[**77aaa**]**
307 words·~1 min read·
/statute-compilations/comps-1888/sec-301A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## Sec. 301 **[**77aaa**]** This title, divided into sections as follows, may be cited as the “Trust Indenture Act of 1939”: TABLE OF CONTENTS title iii Sec. 301. Short title. Sec. 302. Necessity for regulation. Sec. 303. Definitions. Sec. 304. Exempted securities and transactions. Sec. 305. Securities required to be registered under Securities Act. Sec. 306. Securities not registered under Securities Act. Sec. 307. Qualification of indentures covering securities not required to be registered. Sec. 308. Integration of procedure with Securities Act and other Acts. Sec. 309. When qualification becomes effective; effect of qualification. Sec. 310. Eligibility and disqualification of trustee.
(a)Persons eligible for appointment as trustee.
(b)Disqualification of trustee.
(c)Applicability of section. Sec. 311. Preferential collection of claims against obligor. Sec. 312. Bondholders' lists. Sec. 313. Reports by indenture trustee. Sec. 314. Reports by obligor; evidence of compliance with indenture provisions.
(a)Periodic reports.
(b)Evidence of recording of indenture.
(c)Evidence of compliance with conditions precedent.
(d)Certificates of fair value.
(e)Recitals as to basis of certificate or opinion.
(f)Parties may provide for additional evidence. Sec. 315. Duties and responsibility of the trustee.
(a)Duties prior to default.
(b)Notice of defaults.
(c)Duties of the trustee in case of default.
(d)Responsibility of the trustee.
(e)Undertaking for costs. Sec. 316. Directions and waivers by bondholders; prohibition of impairment of holder's right to payment. Sec. 317. Special powers of trustee; duties of paying agents. Sec. 318. Effect of prescribed indenture provisions. Sec. 319. Rules, regulations, and orders. Sec. 320. Hearings by Commission. Sec. 321. Special powers of the Commission. Sec. 322. Court review of orders; jurisdiction of offenses and suits. Sec. 323. Liability for misleading statements. Sec. 324. Unlawful representations. Sec. 325. Penalties. Sec. 326. Effect on existing law. Sec. 327. Contrary stipulations void. Sec. 328. Separability of provisions.