Sentences with phrase «state general obligation»

While the change doesn't mean the actual rating has improved, it does mean that, with a better outlook, investors buying state general obligation bonds can do so with a bit more confidence.

Not exact matches

Although no state has defaulted on general obligation bonds in over 80 years, the 19 th century witnessed numerous instances in which states - and the Florida territory - defaulted on their debts or even repudiated them outright.

This will spurt other states from New Jersey to Illinois to ask for Super Chapter 9, and the result would be a disaster for millions of American retirees who are invested in state and local general obligation bonds.

The state's agreement to pay off Hartford's $ 550 million in general obligation debt has prompted a dramatic upgrade in the city's bond rating and a shift to a stable outlook.

The recent ratings downgrades by both Moody's and S&P Global Ratings have placed the State of Illinois general obligation bonds on the edge of becoming junk.

This standing will, in turn, lead to questions of recognition and application, not only of military law, but of pertinent state laws for marriage or partnership, and the military's legal obligations to provide co-residence, health - care, and other general benefits.

1 General comment No. 16 (2013) on State obligations regarding the impact of the business sector on children's rights * Para 20 «States should ensure that marketing and advertising do not have adverse impacts on children's rights by adopting appropriate regulation and encouraging business enterprises to adhere to codes of conduct and use clear and accurate product labelling and information that allow parents and children to make informed consumer decisions.»

Title 22, Colorado Revised Statutes: Education Article 33: School Attendance Law of 1963 Section 104.5, as amended states that Colorado's general assembly has declared that «it is the primary right and obligation of the parent to choose the proper education and training for children under his care and supervision.»

The State submits an application to the Secretary - General and a letter formally stating that it accepts the obligations under the Charter.

O'Reilly on Twitter Monday called Senate GOP Leader Dean Skelos a «prison punk» after the Long Island Republican provided a congratulatory quote on a press release from Gov. Andrew Cuomo on the historic improvement of the state's general obligation bond rating.

«This bill would do little more than transfer to the taxpayers of this state an entirely new obligation to pay for any and all existing expenses related to general defense legal work, far beyond legal representation of indigent criminal defendants,» Cuomo wrote.

That very same day, Skelos praised Cuomo's «leadership,» following Moody's announcement that it had raised New York's general obligation bond rating to its highest level since the fiscal crisis of the mid-1970s, lauding the governor for working with the Legislature to move the state «in the right direction.»

Enacted and modified to authorize the transfer from or use by the WCB in the amounts of $ 60 million for Board infrastructure, $ 50 million on other programs, including a transfer of $ 10 million for the creation of the Paid Family Leave Program, $ 140 million to SIF to cover general fund obligations of comp premiums for state employees.

S&P Global Ratings lowered the state's general obligation credit rating from AA -, with a negative outlook, to A +, with a stable outlook.

State Comptroller Tom DiNapoli says the upgrade from Moody's Investors Service to Aa1 for the state's general obligation bonds is the highest level since the fiscal crisis of the mid-1State Comptroller Tom DiNapoli says the upgrade from Moody's Investors Service to Aa1 for the state's general obligation bonds is the highest level since the fiscal crisis of the mid-1state's general obligation bonds is the highest level since the fiscal crisis of the mid-1970s.

Upon acquittal Bruno forcefully reminded the State of New York of its obligation under law to pay his legal expenses and, after much beard tugging, the attorney general's office was compelled to agree.

Attorney General Andrew Cuomo (a coward / in my opinion) has the obligation to the people of our state to investigate all off these allegation's in a public forum and remove this tyrant who is quick to call a deceased 9/11 responder who had died from breathing in the toxic air at ground zero «not a hero» should be removed from public office and sent packing to his corporate headquarters were he and his cronies could abuse more pregnant women.I have a friend who was a 9/11 responder and was just notified that something was growing in his lungs.

City Council Speaker Corey Johnson added, «New Yorkers deserve and expect more from their Attorney General, who as the state's chief law enforcement officer has an obligation to uphold the law.

Thirty - four states have conduit bond - issuing agencies, but only a few have made the state's credit (either general obligation or moral obligation) available to charters.

Interestingly enough, regarding climate change, there are efforts to have a resolution passed in the UN General Assembly that would ask the ICJ for an advisory opinion that would define states» obligations and responsibilities with respect to greenhouse emissions under international law (see policy brief issued by The Hague Institute for Global Justice).

Committee on Economic, Social and Cultural Rights, General Comment 3, The nature of States parties» obligations (Fifth session, 1990), UN Doc.

Based on the guidelines set out by these Principles, the CESCR drew up its well - known General Comment 3 in 1990, on «The nature of States parties obligations (Art. 2, par.

By ruling that the state is currently providing sufficient levels of funding to meet its obligation to «make suitable provisions for a general diffusion of knowledge,» the court has put its stamp of approval on low expectations such that schools where half of the students are failing state assessments are considered to be performing at acceptable levels.

(b) The Commonwealth, through the Department, will provide general supervision of services and programs provided under this chapter and Chapter 342 (relating to special education services and programs) and will meet other obligations of State and Federal law and this chapter.

The Oregon Legislature this year authorized the sale of $ 123 million in state - backed general obligation bonds to fund a new School Capital Improvement Matching Program to help stretch local dollars and address urgent school facility needs across the state.

Section 10 - 4a of the Connecticut General Statutes states, every child must receive a «suitable program of educational experiences,» and this has been interpreted as an obligation of the state to provide adequate ELL education.

According to Section 10 - 4a of the Connecticut General Statutes states, every child must receive a «suitable program of educational experiences,» and this has been interpreted as an obligation of the state to provide adequate ELL education.

While the General Assembly deserves credit for continuing to fund retirement obligations, increased spending on the state retirement plan doesn't help a district buy textbooks or chalk.

the area or activities to which the funds raised from a municipal bond issue will be directed and, in turn, the source of future bond interest payments and principal repayment; for general obligation bonds, funds raised may be for general purposes, both operating and infrastructure, and payments are secured by the general taxing power of the issuer — usually a state, town, or city; revenue bonds are categorized under terms such as «Utilities» or «Transportation»

The recent ratings downgrades by both Moody's and S&P Global Ratings have placed the State of Illinois general obligation bonds on the edge of becoming junk.

In the first row, the State of Nevada general obligation bonds are offering a coupon rate of 5 % with a maturity in May of 2028.

Our concerns about nuclear weapons lead us to eliminate from consideration the general debt obligations of the United States government (U.S. Treasuries) and of Russia, which maintain more than 90 % of the world's arsenal of nuclear warheads.

The general argument of Confucius is this: our first responsibility is not to be a charitable case ourselves, and once we have our personal matters settled, our obligations flow outward: you take care of your spouse, then kids, then parents, then extended family and closest friends, then friends, then acquaintances, then your township, city, state, and so on.

In general, states are not permitted to impose an income tax on interest from federal obligations, even though this interest is subject to federal income tax.

The content and materials contained in this website are to be construed in accordance with and governed by the internal laws of the State of New York (as permitted by Section 5 - 1401 of the New York General Obligations Law or any similar successor provision), without giving effect to any choice of law rule that would cause the application of the laws of any jurisdiction other than the internal laws of the State of New York to the rights and duties of the parties.

His motive is expressed on page 14 with reference to the «General Obligation» of article 192 in the Law of the Sea Convention: «States have the obligation to protect and preserve the marine environment», noting that: «This obligation has great importance for the atmosphere, weather and climate, because if mankind understands and protects the oceans, it would minimize the threat to humanity posed by anthropogenic climate change.

Recent evidence suggests that states that have included a general obligation for the public service board (PSB) to consider environmental matters when issuing a regulatory ruling may be slowing greenhouse gas emissions.

To date, 16 states have adopted a general obligation for the PSB to consider environmental matters when issuing a regulatory ruling.

No general obligation exists for Member States to halt national ratification of mixed agreements when their compatibility with EU is questioned before the CJEU.

Private parties that saw themselves burdened with unforeseen obligations as a consequence should start an action for damages against the Member State having incorrectly implemented the directive in question according to the Advocate General.

Even dating back to 2005, when the New York Attorney General's office came to an agreement with the industry, it stated in its press release: «The cash advances provided by these firms are not considered «loans» under New York State law because there is no absolute obligation by a consumer to repay them.»

He often has conducted and coordinated employment related investigations and has frequently advised clients with regard to federal and state legal and regulatory requirements, the fiduciary responsibilities of corporate and governmental governing boards and general legal obligations.

Article XIV is a general reciprocity clause that applies to obligations between Contracting States under all provisions of the Convention.

Turning to the substance of the case, the General Court held that the obligation to state reasons for an act adversely affecting a person constitutes an essential principle of EU law and may only be derogated from for compelling reasons touching upon the security of the Union or its Members.

In general these are complementary, one party's right is the other party's obligation: the citizen's right to not be unlawfully detained imposes an obligation on the state not to unlawfully detain its citizens, for example.

It is not through the invocation of a substantive electoral right contained in the Treaties that Member States are restricting that the issue falls within Union law — rather it is an implicit obligation contained in Article 14 (3) TEU as reflected in the 1976 Act that elections be universal and direct; it is a general obligation placed on Member States to ensure the democratic integrity of EP elections that catches electoral law and subjects it to review under the Charter.

However, the Advocate General suggested that the party suffering damage from being under such an unforeseen obligation could still claim damages against the Member State for the damages resulting from the violation of EU law by the national implementing act.

Cruz Rico says that some general counsel for mining companies believe once they've gotten a concession to operate a mine, have signed a lease and have obtained permits from federal, state, and municipal authorities, they've fulfilled their obligations and don't need to continue talking with ejidatarios.

States condemned by the European Court of Human Rights have the obligation to erase the consequences of the violation for the victim and to take general measures such as amending their legislation or their juridical practices.

While directives in general were aimed at achieving a specific result, the exact nature of that result and thus of the obligations imposed on states could differ (paras 120 - 121).