Section 119

In addition to the general requirements under section 118, the registration statement for the sale of debentures shall contain the following information -

(a}

rights and restrictions related to the transfer of the debentures;

(b} return on the debentures;

(c} property or other collateral used as security for repayment, if any;

(d} debenture holder's representative if any;

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{e)

encumbrances on the property of the company which issues securities in case of unsecured securities;

{f)

outstanding debt from previous issues of debentures;

{g)

procedure, time, and place of repayment;