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NEW ISSUE COVENTRY ONLY RATINGS: See SECTION VII: RATINGS herein In the opinion of Bond Counsel, interest on the Series 2008AE Bonds will be exempt from personal income taxes imposed by the State

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What is new issue bookentry only?

New issue bookentry only refers to the process of electronically recording the issuance of new securities without the need for physical certificates. It provides a convenient and secure method for transferring ownership and facilitates faster settlement of transactions.

Who is required to file new issue bookentry only?

The requirement to file new issue bookentry only applies to companies or entities that issue securities, such as stocks or bonds, and choose to utilize the book-entry system for recording ownership and transfer of those securities.

How to fill out new issue bookentry only?

To fill out a new issue bookentry only, the issuing company or entity must follow the rules and procedures set by the relevant regulatory authority or stock exchange. This generally involves providing the necessary information about the securities being issued, such as their type, quantity, price, and other relevant details, to the authorized book-entry system operator.

What is the purpose of new issue bookentry only?

The purpose of new issue bookentry only is to streamline and modernize securities issuance and transfer processes. It eliminates the need for physical certificates and manual paperwork, making the process more efficient, cost-effective, and secure. It also allows for faster settlement of transactions and provides easier access to ownership information.

What information must be reported on new issue bookentry only?

The information that must be reported on a new issue bookentry only includes details about the securities being issued, such as their type, quantity, price, maturity date (if applicable), interest rate (if applicable), and any other relevant terms or conditions. Additionally, information about the issuing entity, such as its legal name, registration number, and contact details, may also need to be reported.

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