Trustee Services Fee Schedule
Trustee Services Fee Schedule (Adopted April 30, 1996)
Initial Fee

The Initial Fee is .75 basis points calculated on the basis of the original principal amount of the issue.

Annual Fee

The Annual Fee is one basis point calculated on the basis of the original principal amount of the issue

  • Minimum annual fee equal to $1,500
  • Maximum annual fee equal to $8,000
Registrar, Transfer and Paying Agent

There is a flat fee for Registrar, Transfer and Paying Agent of $500 per year

Escrow Fee

There is a flat acceptance fee and annual fee of $500