Bill Title: Requires bids for the purchase of municipal bonds to include a certified or cashiers check, or guaranty or surety bond that is rated in one of the two highest rating categories by at least two of the nationally recognized independent securities rating agencies.

Spectrum: Partisan Bill (Republican 7-0)

Status: (Introduced - Dead) 2012-01-04 - referred to local governments [A05997 Detail]

Text: Latest bill text (Introduced) [HTML]

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