New York Codes, Rules and Regulations
Title 2 - DEPARTMENT OF AUDIT AND CONTROL
Chapter II - Municipal Affairs
Subchapter A - Sales Of Bonds And Notes; Debt Statements
Part 27 - Requirements For The Preparation And Filing Of Official Statements
Section 27.7 - Description of issue
Universal Citation: 2 NY Comp Codes Rules and Regs ยง 27.7
Current through Register Vol. 46, No. 39, September 25, 2024
The parts of the official statement describing the issue shall contain at least the following information:
(a) an amplification of items contained on the cover page where appropriate;
(b) a description of the legal authority for the issuance of the obligations;
(c) the specific objects or purposes, or classes of objects or purposes, as the case may be, for which the obligations have been authorized, and the amount being issued for each;
(d) a description of the nature and sources of payment for the obligations; and
(e) a description of redemption features of the obligations.
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