TITLE

New View on Texas' Signed-Bid Rule to Ease Competitive Sales

AUTHOR(S)
Albanese, Elizabeth
PUB. DATE
May 2006
SOURCE
Bond Buyer;5/3/2006, Vol. 356 Issue 32373, p44
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the mandated law in Texas which required its issuers a signed certification of bids in competitive bond sales that has gained a new interpretation. The law has been perceived as a faster and less cumbersome way for underwriters to purchase debt in the state. The new interpretation has put the state in line with the rest of the municipal market.
ACCESSION #
20803466

 

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