N.Y. Comp. Codes R. & Regs. tit. 2, § 27.7 – Description of issue. | Midpage
§ 27.7
N.Y. Comp. Codes R. & Regs. tit. 2, § 27.7
Description of issue.
Department of Audit and Control
(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.
The parts of the official statement describing the issue shall contain at least the following information: