Debentures payable to person whose name appears both on Debenture Certificate and company's register is called

Question

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Debentures payable to a person whose name appears both on the Debenture Certificate and the company's register are called registered debentures. This means the company has a record of who owns the debenture, and interest payments or repayments of principal are made directly to the registered holder.

Debentures Payable to Person Whose Name Appears Both on Debenture