Inspection obligations for debenture trustees require production of documents and cooperative access during regulatory inspections. Debenture trustees and their directors, officers and employees must produce books, documents and information to inspecting authorities and furnish statements as required; the trustee must allow reasonable access to premises and provide facilities to examine records and computer data and supply copies of materials deemed relevant. Inspectors may examine and record statements of personnel, and all staff must give all assistance reasonably expected of the trustee in connection with the inspection.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Inspection obligations for debenture trustees require production of documents and cooperative access during regulatory inspections.
Debenture trustees and their directors, officers and employees must produce books, documents and information to inspecting authorities and furnish statements as required; the trustee must allow reasonable access to premises and provide facilities to examine records and computer data and supply copies of materials deemed relevant. Inspectors may examine and record statements of personnel, and all staff must give all assistance reasonably expected of the trustee in connection with the inspection.
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