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OFFICIAL STATEMENT DATED SEPTEMBER 12, 2024IN THE OPINION OF BOND COUNSEL, UNDER EXISTING LAW, INTEREST ON THE BONDS IS EXCLUDABLE FROM GROSS INCOME FOR FEDERAL INCOME TAX PURPOSES AND INTEREST ON

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What is new issue official statement?

A new issue official statement is a document that provides detailed information about a new municipal bond offering, including the purpose of the bond, the financial status of the issuer, and the terms of the bond.

Who is required to file new issue official statement?

The issuer of the municipal bonds is required to file the new issue official statement, typically through its underwriter or financial advisor.

How to fill out new issue official statement?

The new issue official statement should be filled out by providing comprehensive and accurate information about the bond offering, including details about the issuer, the project funded, financial disclosures, and any risks associated with the investment.

What is the purpose of new issue official statement?

The purpose of the new issue official statement is to inform potential investors about the details of the bond offering, ensuring transparency and allowing investors to make informed decisions.

What information must be reported on new issue official statement?

The information that must be reported includes the issuer's financial condition, the purpose of the bond, the security for the bond, the terms of the offering, and any relevant legal matters.

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