TRUST INDENTURE ACT OF 1939

The Trust Indenture Act (TIA) of 1939 is a federal law that prohibits bond issues, without a formal written agreement, fully disclosing the bond’s specifics

This page also shares the 1939 act as a downloadable document.

Download the Trust Indenture Act of 1939

DOWNLOAD TRUSTEE INDENTURE ACT of 1939

Key takeaways

• The TIA of 1939 is a federal law.
• It prohibits bond issues without a formal written agreement.
• In short, the agreement must fully disclose the bond’s specifics.
• Also, the full text is available as a PDF download on this page.

Learn more about the law on Wikipedia.

Related reading on Creative Geniusess

• The Dichotomy of Public Debt and Private Credit: Navigating the Invisible Ledger Lines – public debt and private credit as the article explains them
• CREDITORS IN COMMERCE #3- PUBLIC TRUST VS PRIVATE TRUST – public trusts, private trusts and debt instruments
• COUPON Definition & Legal Meaning – the periodic cash flow payable by an issuer or borrower to an investor or lender
• What is a “Land Trust” ? – How to Protect Assets, Defend Against Judgements, and Stay Anonymous – a land trust as a separate legal entity that owns property at the direction of its owner