Meeting of depositors: trustee must convene when requisitioned by depositors or when a default affects depositor interests. A meeting of depositors must be called by the trustee for depositors upon a written requisition signed by at least one-tenth in value of outstanding ... Summary
Meeting of depositors: trustee must convene when requisitioned by depositors or when a default affects depositor interests.
A meeting of depositors must be called by the trustee for depositors upon a written requisition signed by at least one-tenth in value of outstanding depositors or upon the occurrence of an event that constitutes a default or which, in the trustee's opinion, affects the interests of the depositors.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.