Panel to Weigh Urging Bond Counsel About IRS Sanctions

Hume, Lynn
June 2004
Bond Buyer;6/15/2004, Vol. 348 Issue 31905, p4
Trade Publication
Reports that the Government Finance Officers Association's committee on governmental debt management has considered revising its guidelines to encourage issuers to ask bond counsel and finance professionals whether they have been sanctioned by the U.S. Internal Revenue Service. Update on the recommended practice on the selection of bond counsel; Approval of a recommended practice on the secondary market securitization of tax-exempt obligations; Creation of a tax increment financing.


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