The Law on the Trust Agreement

The law on the trust agreement, 1939 (USA) - the law accepted by the Congress of the USA in add-on 2 the Securities act of 1933 and the Securities exchange act of 1934, concerning trade in debt securities.

According to statutory provisions such securities registered the Trade commission securities of the USA, but their sale became possible, only if the company exhausted papers yielded their running holder the consent to settlement of a transaction. The consent to handling a transaction should conform the requirements, set up in the yielded law.