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76-18
76.18 COVENANTS AUTHORIZED -- TAX EXEMPTION.
A public issuer of bonds or other debt obligations may covenant
that the issuer will comply with requirements or limitations imposed
by the Internal Revenue Code to preserve the tax exemption of
interest payable on the bonds or obligations and may carry out and
perform other covenants, including but not limited to, the payment of
any amounts required to be paid by the issuer to the United States
government.
Section History: Recent Form
87 Acts, ch 104, §4