Examlex
What is required by the Trust Indenture Act of 1939?
Electronic Means
Using digital technologies or electronic equipment to perform tasks or convey information.
Timely Notice
The requirement to inform or alert parties involved in a legal or formal process within a set time frame to ensure fairness.
Dishonor
The refusal or inability to pay a financial obligation when it comes due.
Secondarily Liable
Refers to a party who is indirectly responsible for fulfilling a debt or obligation if the primary party fails to do so.
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