§ 13-107. Claims or demands transferred with bond unless reserved. 1.
Unless expressly reserved in writing, a transfer of any bond shall vest
in the transferee all claims or demands of the transferrer, whether or
not such claims or demands are known to exist, (a) for damages or
rescission against the obligor on such bond, (b) for damages against the
trustee or depositary under any indenture under which such bond was
issued or outstanding, and (c) for damages against any guarantor of the
obligation of such obligor, trustee or depositary.

2. As used in this section, "bond" shall mean and include any and all
shares and interests in an issue of bonds, notes, debentures or other
evidences of indebtedness of individuals, partnerships, associations or
corporations, whether or not secured.

3. As used in this section, "indenture" means any mortgage, deed of
trust, trust or other indenture, or similar instrument or agreement
(including any supplement or amendment to any of the foregoing), under
which bonds as herein defined are issued or outstanding, whether or not
any property, real or personal, is, or is to be, pledged, mortgaged,
assigned, or conveyed thereunder.