‹ OFS-3.5 Role and Responsibilities of Trustees and Custodians Eligibility › OFS-3.5.1 Borrowing corporations and issuers of debt securities (hereinafter referred to as borrowing corporations) must appoint trustees to whom the ownership of the trust property must be transferred. January 2014 ‹ OFS-3.5 Role and Responsibilities of Trustees and Custodians Eligibility ›