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Pennsylvania Statement of interest Exchange [DSCB:15-345]

Category:
Department of State - Unincorporated Nonprofit Association
State:
Pennsylvania
Control #:
PA-SKU-0289
Format:
PDF
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Description

Statement of interest Exchange [DSCB:15-345]
The Pennsylvania Statement of Interest Exchange (DSC:15-345) is a public finance program designed to help local government entities raise funds by exchanging their outstanding tax-exempt obligations for marketable securities. The program enables eligible governments to exchange their existing debt for a portfolio of short-term and long-term securities, including Treasuries, corporate bonds, and mortgage-backed securities. The exchange provides an efficient and cost-effective option for governments to access the capital markets. There are two types of Pennsylvania Statement of Interest Exchange (DSC:15-345): the Pennsylvania Local Government Investment Pool (LAP) and the Pennsylvania Local Government Investment Trust (LEGIT). The LAP is a short-term, interest-bearing portfolio managed by the Pennsylvania Department of Community and Economic Development, while the LEGIT is a long-term, fixed-income portfolio managed by the Board of Investments of the Commonwealth of Pennsylvania. Both of these exchange programs offer governments access to the capital markets and provide a cost-effective means of funding various projects.

The Pennsylvania Statement of Interest Exchange (DSC:15-345) is a public finance program designed to help local government entities raise funds by exchanging their outstanding tax-exempt obligations for marketable securities. The program enables eligible governments to exchange their existing debt for a portfolio of short-term and long-term securities, including Treasuries, corporate bonds, and mortgage-backed securities. The exchange provides an efficient and cost-effective option for governments to access the capital markets. There are two types of Pennsylvania Statement of Interest Exchange (DSC:15-345): the Pennsylvania Local Government Investment Pool (LAP) and the Pennsylvania Local Government Investment Trust (LEGIT). The LAP is a short-term, interest-bearing portfolio managed by the Pennsylvania Department of Community and Economic Development, while the LEGIT is a long-term, fixed-income portfolio managed by the Board of Investments of the Commonwealth of Pennsylvania. Both of these exchange programs offer governments access to the capital markets and provide a cost-effective means of funding various projects.

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FAQ

Record searches will provide a complete filing history of an entity. You may request a written search by submitting a letter to the bureau at: Department of State, Bureau of Corporations and Charitable Organizations, PO Box 8722, Harrisburg, PA 17105-8722.

PENNSYLVANIA'S NEW ENTITY TRANSACTION LAW MAKES IT EASIER TO CONVERT A LLC TO A CORPORATION. On July 1, 2015, Pennsylvania's new Entity Transaction Law went into effect and made it easier, faster, and cheaper for business entities to engage in ?fundamental transactions? with another business entity.

Your best option for easily transferring LLC ownership is to write an Operating Agreement (OA) with transfer provisions for LLC owners. An Operating Agreement (OA) is a document with customized provisions dictating how an LLC conducts business. Your OA can determine how to transfer ownership of an LLC in Pennsylvania.

Official confirmation of the current status of a licensee can be obtained by contacting the Bureau of Professional and Occupational Affairs: 2601 North 3rd Street, Harrisburg, PA 17110.

To operate in Pennsylvania, businesses must register their business structure ? such as an LLC, partnership, corporation, or other structure ? with the Pennsylvania Department of State.

Give us a call The Pennsylvania Business One-Stop Shop can be reached by telephone at 1.833. 722.6778. Our regular business hours are from AM to PM, Monday-Friday, excluding state holidays.

A Statement of Interest Exchange must be filed with the Pennsylvania Department of State where a domestic entity is an acquired association in an interest exchange. The filing of a Statement of Interest Exchange makes the transaction a matter of public record.

How Do I Find A Pennsylvania Registered Agent? Perform a Pennsylvania business name search. Use the name of the company you're trying to look up. Look at the PA registered agent's name and registered address.

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Instant access to fillable Microsoft Word or PDF forms. Minimize the risk of using outdated forms and eliminate rejected fillings.Download Statement of Interest Exchange (DSCB:15-345) – Department of State (Pennsylvania) form. Easy to use and ready to print;; Quick to customize;; Compatible with most PDF-viewing applications;; Fill out the form in our online filing application. 15-345. Statement of Interest Exchange. 15-355. DSCB form number, Form name. The following official forms have been promulgated under this chapter and appear in Appendix A: Form DSCB:UCC-1 (Uniform Commercial Code-Financing Statement).

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