- (a) Any pending or threatened litigation which may materially affect the issuer's ability to pay back the bonds, or the interest on them, must be mentioned.
- (b) Any transactions to which the issuer is a party which may materially affect this offering, and which have not been mentioned in subsection (a) of this section, must be fully disclosed.
Source Note:The provisions of this §125.8 adopted to be effective January 1, 1976.