https://www.taxtmi.com/acts?id=39383 Amendments define pooled investment vehicle, treat debt securities, marketable instruments and units of such vehicles as securities, and add a provision allowing pooled investment vehicles to borrow, issue debt securities and grant security interests. On default, lenders may recover against trust assets by proceeding against the trustee, with any surplus payable to unit holders. en-us Mon, 01 Feb 2021 18:44:32 +0530 Mon, 01 Feb 2021 18:44:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39383 Amendments define pooled investment vehicle, treat debt securities, marketable instruments and units of such vehicles as securities, and add a provision allowing pooled investment vehicles to borrow, issue debt securities and grant security interests. On default, lenders may recover against trust assets by proceeding against the trustee, with any surplus payable to unit holders. Act-Rules Bills Mon, 01 Feb 2021 18:44:32 +0530 https://www.taxtmi.com/acts?id=39383