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DRAFT DATED JULY 15, 2013, CONTINUING DISCLOSURE UNDERTAKING This Continuing Disclosure Undertaking (the Disclosure Undertaking) is entered into as of this day of, 2013, by The Board of Trustees of
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July 15 continuing disclosure is a report that issuers of municipal securities must submit annually to provide updated financial information to bondholders and the general public.
Issuers of municipal securities are required to file July 15 continuing disclosure.
July 15 continuing disclosure can be filled out online using platforms provided by the Municipal Securities Rulemaking Board (MSRB) or other specified vendors.
The purpose of July 15 continuing disclosure is to ensure transparency and provide updated financial information to investors in municipal securities.
The information reported on July 15 continuing disclosure typically includes financial statements, operating data, and any other material events that may impact the issuer's ability to meet its financial obligations.
The deadline to file July 15 continuing disclosure in 2023 is, as the name suggests, July 15th.
The penalty for late filing of July 15 continuing disclosure can vary but may include fines imposed by regulatory authorities and potentially reputational damage for the issuer.
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