N.Y. Comp. Codes R. & Regs. tit. 2 § 27.8

Current through Register Vol. 46, No. 36, September 4, 2024

Section 27.8 - Description of the issuer

The parts of the official statement describing the issuer shall contain at least the following information:

(a) a statement containing a brief history of the issuer, where material;

(b) a statement briefly describing the current form of government of the issuer;

(c) a brief description of the principal governmental services and, where material, the facilities provided by the issuer, indicating if they are partially or wholly self-supporting;

(d) a brief description of taxes and other major revenues of the issuer, including any revenues in lieu of taxes;

(e) material information about the issuer's employees, including the status of employee relations and a description of the retirement systems applicable to such employees; and

(f) historical and available current data on the economy and population of the issuer, including information about the major types of business in the immediate geographical area of the issuer, identifying any employer who employs more than 10 percent of the persons employed in such area.

N.Y. Comp. Codes R. & Regs. Tit. 2 § 27.8