[Cobo] Potential Disclosure Requirements

[Mauck, Sheri]

Recent reports in the public media indicate that the ratings of several
bond insurers have been or may be downgraded.  It may be in your
institution's interest to consult with its attorneys or bond advisors
with respect to whether or not these reports require some action on the
part of the institution pursuant to 'continuing disclosure agreements'
pertaining to its bond issues or lease-purchase agreements.

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