What are the remedies available to bondholders if a sinking fund provision is violated?

Feb 7, 2018 ... Sinking fund. A body corporate must have a sinking fund if it is registered under the: ... Schemes registered under the Specified Two-lot Schemes ... The Commissioners of the Sinking Fund administer the debt service payments for state general obligation bonds issued for the following purposes: primary and ... Mar 20, 2025 ... A sinking fund is a strategic way to save money by setting aside a little bit of money each month. Here's how sinking funds work. Jun 14, 2023 ... Setting aside money over months or years to pay for that expense can make it easier on your budget. Learn how to bankroll big purchases with our guide to ... Sinking Fund Updates. The vote passed in November of 2018 for a 10-Year Sinking Fund. The estimated tax levy value would generate $2.3M per year and yield $23M ... Justia › U.S. Law › U.S. Codes and Statutes › Oklahoma Statutes › 2024 Oklahoma Statutes › Title 70. Schools › §70-1-119. Sinking fund - Definition. Jun 2, 2023 ... What is a sinking fund? A sinking fund is a pot of money created by setting aside money regularly to pay for planned yearly expenses. Sinking ... Jul 8, 2024 ... The approximate 0.5 mill tax (0.4983 mills), which has been renewed by the community consistently for 60 years, provides specific dollars for ... A sinking fund is an amount of money which is set aside to cover any major work which is needed on a property in the future. there's a simple answer to how to save for something special while you're putting away debt — the sinking fund ...