题目
Which of the following statements regarding the trustee named in a corporate bond indenture is correct?
选项
A.The trustee has the authority to declare a default if the issuer misses a payment.
B.The trustee may take action beyond the indenture to protect bondholders.
C.The trustee must act at the request of a sufficient number of bondholders.
D.The trustee is paid by the bondholders or their representatives.
答案
A
解析
According to the Trust Indenture Act. If a corporate issuer fails to pay interest or principal, the trustee may declare a default and take such action as may be necessary to protect the rights of bondholders. Trustees can only perform the actions indicated in the indenture, but are typically under no obligation to exercise the powers granted by the indenture even at the request of bondholders. The trustee is paid by the debt issuer, not by bondholders or their representatives.根据信托法。发行人如果无法支付利息或者本金，受托人可以宣布违约，并采取必要的措施保护债券持有人的权利。受托人只能执行契约中规定的行为（即使在债券持有人的要求下，受托人通常也没有义务行使契约授予的权力）。受托人由债务发行者支付，而不是由债券持有人或他们的代表支付。