Examples of Securitization Act in a sentence
The Indenture and this Supplement constitute a security agreement within the meaning of the Securitization Act and under the UCC to the extent that the provisions of the UCC are applicable hereto.
Proposed law provides a corporation is considered a public entity and a governmental unit under law and for the purpose of the La. Electric Utility Storm Recovery Securitization Act.
In order to strengthen safeguards for investor interests, a new provision has been added to Real Estate Securitization Act amended on January 21, 2009 that requires the trustor of REAT, arranger, real estate management institution, trustee, and their responsible persons shall be held jointly liable for damages sustained by bona fide counterparties if the prospectus or investment memorandum has misrepresentation or concealment of material information.
The Division of Revenue shall transfer: all such surcharges received prior to July 1, 2006, to the General Fund, and commencing July 1, 2006, all such surcharges to the Unsafe Driving Surcharge Revenue Fund established pursuant to section 5 of the "Motor Vehicle Surcharges Securitization Act of 2004," P.L.2004, c.70 (C.34:1B-21.27) to be applied as set forth in section 5 of that act.
Hence, this distinction upon which he based his terminology does not favour him.