The Issuance Fee will be charged on all Issues except those which meet any of the following criteria as reported by the Issuer on the Report of Final Sale.
(a) Issues with a Short-term Maturity.(b) Issues where the Purchaser or Lender is an agency of the State of California or Federal government.(c) Issues by a Local Obligor that are Purchased with proceeds of a Debt Issue by an Authority.Cal. Code Regs. Tit. 4, § 6030
1. New article 4 (section 6030) and section filed 2-28-2017; operative 4-1-2017 (Register 2017, No. 9). Note: Authority cited: Section 8855(e), Government Code. Reference: Section 8856, Government Code; and Section 20560.2, Water Code.
1. New article 4 (section 6030) and section filed 2-28-2017; operative 4/1/2017 (Register 2017, No. 9).