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___ ___COVER Percipient Committee ttampCampaign StatementCALIFORNIACover Paae2001/02CW Statement covers periods INSTRUCTIONS ON REVERSEthroughPagePrimarily Formed Ballot Measure CommitteeERecall (Also
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The chapter 9 ballot issue refers to a specific legal framework that allows municipalities to file for bankruptcy protection to restructure their debts and financial obligations.
Only municipalities such as cities, towns, and counties that are unable to meet their financial obligations are required to file a chapter 9 ballot issue.
Filling out a chapter 9 ballot issue typically involves completing specific legal forms detailing the municipality's financial status, the proposed plan for restructuring, and obtaining necessary approvals from creditors.
The purpose of the chapter 9 ballot issue is to allow financially distressed municipalities to reorganize their debts while maintaining normal operations and protecting essential services.
The information that must be reported includes the municipality's debts, assets, proposed plan for debt adjustment, and any relevant financial projections.
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