Spencer Law Firm LLC
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August 2010 Archives

The Basics of Tax-free Municipal Bonds

State and local governments and their agencies issue bonds in exchange for the use of the capital of individuals and corporations. The bonds obligate the state and local governments to make interest payments and to repay, at some stated time, the principal of the amount borrowed. Municipal bonds can be issued by cities, counties, redevelopment agencies, school districts, publicly owned airports, as well as other governmental entities.

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Spencer Law Firm LLC
320 Race Ave
Lancaster, PA 17603

Toll Free: 866-639-5451
Phone: 717-207-7935
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