TITLE

Due Diligence for Municipal Lessors

AUTHOR(S)
Marks, Barry; Phillips, Bill
PUB. DATE
November 2015
SOURCE
Equipment Leasing & Finance;Nov/Dec2015, Vol. 31 Issue 6, p34
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article offers insights into laws related to equipment leasing and finance in the U.S. Topics mentioned include the explanation of non-appropriation clause as the main distinction between government leasing and private company leasing, the definition of a good faith clause and a non-substitution clause, the use of lease-purchase financing by South Carolina municipalities and school boards for major real estate expenditures, and state laws that limit and facilitate municipal leasing.
ACCESSION #
111154825

 

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