A secured bond would require:
a. a plan for paying off the bond at maturity
b. no restrictive covenants
c. an independent trustee
d. a claim on specific assets in the event of default
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.
