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Jono ., Jono
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Law, Crime, Criminology & Criminal Justice

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Journal : LAW REVIEW

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Independensi Wali Amanat Dalam Memberikan Perlindungan Kepada Para Pemegang Obligasi ., Jono
LAW REVIEW Vol 4, No 1 (2004)
Publisher : Pelita Harapan University

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Abstract

A bond is a debt instrument of the issuer that contains a promise to pay interest or such other obligations and the redemption of the loan executed at due date. Usually, issuer is a pointed Commercial Bank to be Trustee and they will make a contract. The contract binds bond holders. The purpose of pointing the trustee is to protect bond holder s interest. Trustee is demanded to stand independently. These circumstances related  with the function of trustee to representation and protecting bond holders interest. This article will explain about trustees independent action to accomplish its function.
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