2-6-16. Reports to joint committee on particular issues of bonds or notes--Contents.
101 words·~1 min read·
/sd/title-2/chapter-2-6/2-6-16·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For each issuance of bonds or notes of any such entity, there shall be provided to the joint committee a report of the details of the issuance, including a citation to the resolution providing for the issuance of the bonds and notes, the use of the proceeds of such issuance, the maturity date or dates of the bonds or notes, the interest rate or rates of the bonds or notes, the anticipated source of revenue from which the bonds or notes are to be repaid, and the rating, if any, given by a standard rating service on the bonds or notes.