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This entry was published on 2014-09-22
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SECTION 487
Consistency with federal tax law
Transportation (TRA) CHAPTER 61-A, ARTICLE 22
§ 487. Consistency with federal tax law. All actions taken pursuant to
this article shall be reviewed for consistency with provisions of the
federal internal revenue code and regulations thereunder, in accordance
with procedures established in connection with the issuance of any tax
exempt bonds pursuant to this article, to preserve the tax exempt status
of such bonds.