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VVTA 2016 Membership / Certification / ReCertification Name: ___ Date: ___ Address: ___ Home Phone: ___Work Phone: ___EMail: ___Date of Birth: ___Circle One: CVT | Technician NonVTC | Technician |
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An official statement is a document that provides detailed information regarding a municipal bond offering, including financial and operating data about the issuer.
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Issuers of municipal bonds are required to file an official statement as part of the disclosure process to inform potential investors.
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To fill out an official statement, collect pertinent financial information, describe the purpose of the bond issuance, and include details about the issuer's financial condition and relevant risks.
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The purpose of an official statement is to provide comprehensive information to investors to assist them in making informed decisions regarding the purchase of municipal bonds.
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The official statement must report information such as the terms of the bond, issuer’s financial data, project descriptions, risks associated with the bonds, and legal proceedings that might affect the issuer.
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