New Orleans Louisiana Registered Investment Bond

State:
Multi-State
City:
New Orleans
Control #:
US-01646BG
Format:
Word; 
Rich Text
Instant download

Description

An investment bond (sometimes called a debenture) issued by a corporation is an instrument promising to repay a loan to a corporation, which is may be secured by corporate assets. The relation between a bondholder and the corporation is that of a creditor-debtor. The principal on the debt is paid on the maturity date. The obligations evidenced by the bond may be secured or unsecured.

A registered bond is one issued with the name of the owner printed on the face of the certificate. It can be transferred to another individual only with the owner's endorsement.

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New Orleans Louisiana Registered Investment Bond