Which one of the following is NOT a bond provision?

Question

Quizplus · Accepted Answer

Limiting payments to other existing bondholders is not a bond provision. Bond provisions typically include actions like pledging assets as collateral or limiting dividend payments to protect the interests of the bondholders. Limiting payments to other existing bondholders does not fit within the typical scope of bond provisions, which are designed to secure the bond issue and protect the bondholders' investments.

Which One of the Following Is NOT a Bond Provision