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Certificates of Participation (Cops) Disclosure Office of the State Treasurer Office of the State Treasurer Agency Title: (Bond Retirement and Interest)Agency Code: 0100 90.40.45. D 1. Certificates
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What is certificates of participation cops?
Certificates of Participation (COPs) are a type of municipal financing instrument that allows investors to participate in the revenue generated by a specific project or asset.
Who is required to file certificates of participation cops?
Government entities or agencies that are financing a project through COPs are required to file the necessary paperwork.
How to fill out certificates of participation cops?
To fill out COPs, the issuer must provide information about the project being financed, the revenue stream that will pay back the investors, and the terms of the COPs.
What is the purpose of certificates of participation cops?
The purpose of COPs is to raise funds for a specific project or asset without directly issuing debt, allowing investors to participate in the project's revenue stream.
What information must be reported on certificates of participation cops?
COPs must include details about the project being financed, the revenue source, the terms of the COPs, and any other relevant information for investors.
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