ABS: Trustee

Trustee defined

ABS transaction may involve one or more trustees

e.g., a separate trustee for the issuing entity and for the ABS indenture

No express SEC definition

SEC commentary

Final release 33-8518 2005
Proposal release 33-8419 2004

Regulation AB Item 1109

Item
1109(a)	Identify trustees
1109(b)	Prior experience
1109(c)	Duties
1109(d)	Limitations on liability
1109(e)	Indemnification
1109(f)	Replacement

Disclosure items

Form 10-D

Item 1

Related Topics

Asset-Backed Securities

What's New: Asset-Backed Securities

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