General Law & Practice Committee (GLPC)

Model Bond Opinion Report
Fifth edition of NABL’s signature report updated to reflect current municipal bond practices.

“To Lien or Not To Lien”
Forthcoming report covering the subject of security interests in collateral for municipal bond issues and public finance projects.

Carson v. Makin Thought Piece
The General Law and Practice Committee (GLPC) is working on a thought leadership piece to discuss the First Amendment questions continued in the Carson v. Makin decision. The project is…

Charter School Bond Financing
Financings of charter school facilities through the issuance of municipal debt obligations (hereinafter, “bonds”) have become increasingly prevalent since the first charter school financings were completed in the late 1980s,…

Form Conduit Indenture (2nd Edition)
The second edition of NABL’s sample form conduit indenture and accompanying commentary.

Disaster Recovery Bond Financing: Considerations for Congress
Summary of policy ideas for consideration as a first step to creating comprehensive, permanent disaster recovery legislation to address these issues. These suggestions are based on legislation previously adopted by…

Direct Purchase of State or Local Obligations by Commercial Banks and Other Financial Institutions
Paper exploring the differences between the traditional municipal market debt structure and traditional commercial lending structure.

Demystifying DTC: The Depository Trust Company and the Municipal Bond Market
Anyone who practices in the world of municipal securities has been there: in a closing room filled with executed documents, anxiously anticipating the funding of the transaction. Months, maybe years,…

An Introduction to Reinvestment Agreements
A publication to provide an overview of Investment Agreements, such as guaranteed investment contracts (GICs), analyze common legal and documentation issues, and highlight many of the key legal provisions included…

Municipal Bankruptcy: A Guide for Public Finance Attorneys
Third edition primer on the topic of municipal bankruptcy.

General Obligation Bonds: State Law, Bankruptcy and Disclosure Considerations
Paper providing a background about, and a basic framework for analyzing, general obligation bonds.

Municipal Bankruptcy: A Guide for Public Finance Attorneys
An introductory primer to municipal bankruptcy for public finance attorneys.