GASB 34 Notes to Financial Statements

These bonds are secured by the property being financed and are payable solely from payments received on the underlying mortgage loans. Upon repayment of the bonds, ownership of the acquired facilities is retained by the private-sector entity served by the bond issuance. ... P.O. Box 1098, Pierre, SD 57501-1098 or by calling (605) 773-3731 ... ................
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