WHAT THE LAW DOINCongress, in plain words

The law › Title 15, Commerce and Trade › Chapter 2A

15 U.S.C. 77nnn: Reports by obligor; evidence of compliance with indenture provisions

Created in 1990 by Public Law 101-550. Not changed since. No bill we track in this Congress changes it.

3 other sections of the Code cite this one, including 15 U.S.C. 77iii, 15 U.S.C. 77mmm, 15 U.S.C. 77ooo.

3 parts of federal rules cite it as their authority, written by Securities and Exchange Commission (3).

This Congress

No bill we track in the 119th Congress changes this section.

    How it got here

    1990

    • Pub. L. 101–550, §413(1)–(6), in introductory provision substituted "Each" for "The indenture to be qualified shall contain provisions requiring each" and inserted "shall" after "thereby" and in pars. (1) to (3) struck out "to" after the paragraph designation, and directed the addition… · (a)
    • Pub. L. 101–550, §413(7), (8), struck out "such indenture shall contain provisions requiring" before "the obligor" and substituted "securities shall furnish" for "securities to furnish". · (b)
    • Pub. L. 101–550, §413(9), (10), substituted "The obligor" for "The indenture to be qualified shall contain provisions requiring the obligor" and "securities shall furnish" for "securities to furnish". · (c)
    • Pub. L. 101–550, §413(11), (13), (14), substituted "the obligor upon the indenture securities shall furnish to the indenture trustee a certificate or opinion of an engineer, appraiser, or other expert as to the fair value" for "such indenture shall contain provisions" in introductory p… · (d)
    • Pub. L. 101–550, §413(12), which directed that "requiring the obligor upon the indenture securities to furnish to the indenture trustee a certificate or opinion of an engineer, appraiser or other expert as to the fair value" be struck out after the paragraph designations in p… · (d)
    • Pub. L. 101–550, §413(15), inserted "(other than certificates provided pursuant to subsection (a)(4) of this section)" after "indenture". · (e)

    Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.