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Ohio Bill Aims to Restrict National Bond Issuers

A pair of Summit County senators have introduced legislation that aims to restrict the ability of national conduit issuers to float bonds on behalf of local economic development projects.

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Comments (1)
The national issuers are creatures of state law not national. They are foreign corporations which must register under the state they want to do business in. In many states they would be a money lender and require them to register to do business as a money lender and pay bank franchise taxes. I have never understood how they get around the TEFRA
Posted by tmeierhenry | Wednesday, June 05 2013 at 10:22AM ET
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