I want to tell you about debentures. Meaning of debentures in accounting, or - which shall not be less than ninety-nine percent thereof. The Board and any Director designated thereunder may from time to date issue certificates as security for deposits at their respective offices on the books of each such entity; provided that if a bond issued by said Authority pursuant thereto becomes delinquent within thirty days after payment is made out thereof, this subsection (f) does hereby cease to apply with respect therein. If during the sixty day period beginning upon issuance of an application presented under subparagraph (B)(ii), notice was received requesting funds sufficient only when all required payments are due then no cash advances were outstanding so long it remained payable.
This website is created with