Municipal Debt Finance Law

Summary: Municipal Debt Finance Law: Theory and Practice 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 deb...t limitations; the rights of bondholders; and federal regulation of municipal securities. [read more]