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ARTICLE · 11 JANUARY 2024

What's The Deal? – Trust Indenture Act

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The Trust Indenture Act of 1939 is the federal statute regulating the offer and sale of certain debt securities.

United StatesFinance and Banking
Bradley Berman
Bradley Berman
Michael Hyatte
Michael Hyatte
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The Trust Indenture Act of 1939 (the "Trust Indenture Act" or the "TIA") is the federal statute regulating the offer and sale of certain debt securities. The TIA, which is closely integrated with the Securities Act of 1933 (the "Securities Act"), protects certain rights of security holders, imposes minimum obligations on trustees and obligors, and confers on trustees the powers and resources needed to meet obligations to investors. All of these provisions result from the process of indenture qualification.

In this What's the Deal? guide, we provide an overview of the Trust Indenture Act.

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Visit us at mayerbrown.com

Mayer Brown is a global services provider comprising associated legal practices that are separate entities, including Mayer Brown LLP (Illinois, USA), Mayer Brown International LLP (England & Wales), Mayer Brown (a Hong Kong partnership) and Tauil & Chequer Advogados (a Brazilian law partnership) and non-legal service providers, which provide consultancy services (collectively, the "Mayer Brown Practices"). The Mayer Brown Practices are established in various jurisdictions and may be a legal person or a partnership. PK Wong & Nair LLC ("PKWN") is the constituent Singapore law practice of our licensed joint law venture in Singapore, Mayer Brown PK Wong & Nair Pte. Ltd. Details of the individual Mayer Brown Practices and PKWN can be found in the Legal Notices section of our website. "Mayer Brown" and the Mayer Brown logo are the trademarks of Mayer Brown.

© Copyright 2026. The Mayer Brown Practices. All rights reserved.

This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

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