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《信托契约法》。 如果公司发行人未支付利息或本金，则受托人可以宣布违约，并采取必要的行动来保护债券持有人的权利。 受托人只能执行契约中规定的行动，但是通常没有义务行使契约所赋予的权力，即使在债券持有人的要求下也是如此。 受托人由债务发行人支付，而不是由债券持有人或其代表支付。