Municipal Debt Finance Law: Theory and Practice, Second Edition

Municipal Debt Finance Law: Theory and Practice, Second Edition

ISBN: 9781454826644
Publisher: Wolters Kluwer Law & Business
Edition: 2
Publication Date: 2013-08-22
Number of pages: 728
  • $723.73

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DESCRIPTION

Municipal Debt Finance Law: Theory and Practice, Second Edition describes the law related to municipal debt finance and indicates the requirements that municipalities and states must satisfy in order to issue debt, the limitations on the amounts and kinds of debt that municipalities and states can issue, the rights of the creditors of municipalities and states, and the role of federal securities laws in regulating the issuance of debt by municipalities and states.

Municipal Debt Finance Law: Theory and Practice, Second Edition provides an examination of the legal principles underlying the issuance of debt by states and their political subdivisions. The book provides in-depth analysis of the conditions that must be satisfied prior to issuance of debt; state constitutional restrictions on the issuance of debt, such as the public purpose requirement, the prohibition on lending of credit, and debt limitations; the rights of bondholders; and federal regulation of municipal securities.

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