Ekiti State Bonds, Notes And Other Securities Issuance Law

October 17, 2012

EKITI STATE BONDS, NOTES AND OTHER SECURITIES ISSUANCE LAW 

NO.   9 OF 2011

EKITI STATE OF NIGERIA

 

Arrangement of Sections.

Sections

 

  • Authority to Raise Loans
  • Application of Loan Receipts
  • Issuance of Debt Security
  • Redemption date of Date Security
  • Method of Issuance
  • Arrangements of Issuance of Debt Securities
  • Establishment of a Debt Securities Fund
  • Authority to open a debt service Fund Account
  • Authority to effect Appropriation for Debt Service
  • Investment of Monies in the Debt Service Fund
  • Establishment of Sinking Funds
  • Expenses to be paid out of Sinking Fund
  • Suspension of Contributions to the Sinking Fund
  • Investment of Sinking Funds
  • Deficiencies in Sinking fund chargeable on Revenue
  • Appointment of Trustees
  • Power and Obligations of Trustees
  • Registrant
  • Register of Instruments
  • Closing of Register
  • Register a conclusive Evidence of facts entered in
  • Registration of Transfers Liens
  • Notice of Trust Inspection
  • Restriction of Information to registered Instrument
  • Power to make regulations
  • Citation.

Last modified: October 17, 2012

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