Unlimited Tax General Obligation Bond (“UTGO”)
Type of general obligation bond secured by a promise to levy ad valorem property taxes, unlimited as to rate or amount, on all taxable property within the territorial limits of the issuer.
National Association of Bond Lawyers
Promoting the integrity of the municipal market since 1979
The Essentials: May 14-16, 2025
A foundational conference designed for attorneys and other municipal market participants new to areas of bond law. Join us in Kansas City, MO and walk away with a deeper understanding of the rules and laws governing the $4 trillion municipal market.
Latest From NABL
Model Bond Opinion Report
Fifth edition of NABL’s signature report updated to reflect current municipal bond practices.
Brian Garzione
A partner at Hawkins Delafield and Wood LLP, chair of The Institute 2025, and NABL member since 2013.
FY2025 Appropriations
We are tracking the status of FY2025 appropriations, where things stand, and what it all means for bond lawyers.
Tracking Tax Reform in 2025
Congress is focused on addressing the pending expirations of the Tax Cuts and Jobs Act (TCJA) prior to the end of this calendar year. Here’s where things stand and what…
Protecting Tax-Exempt Municipal Bonds
Letter sent by the Public Finance Network (PFN), including NABL, to members of the 119th Congress in support of the tax exemption on municipal bonds.
By the Numbers
+2,300Members
With more than 2,300 active members you will find a network and community for your practice.
101HouRs of CLE OPPORTUNITIES
We offer 101 hours of CLE courses at a 30 percent discount for our members.
95%Retention Rate
We’re supporting member goals by expanding networks and access to resources.
Victoria Ozimek, Bracewell LLP in Austin, TXIt’s a one-stop shopping experience for all of the resources that a bond lawyer might need.
Kareem J. Spratling, Bryant Miller Olive P.A in Tampa, FL.NABL’s in-person conferences are the most valuable for me. Whether you want to develop new business, step up your game intellectually, develop industry contacts, or keep up with CLE requirements— it’s all there.”
Kathleen C. McKinney, Haynsworth Sinkler Boyd, P.A. in Greenville, SCI could not imagine being a bond attorney for 40 years without the support NABL provided in keeping me current on the complex statutory and regulatory requirements of the practice.
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