full faith and credit

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  • noun

Words related to full faith and credit

a guarantee to pay interest and principal on debt

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clear purpose" of the Full Faith and Credit Clause of the
It is important that NYMIR be able to offer full faith and credit surety bonds.
In his decision, Judge Moody correctly held: "The Supreme Court has clearly established that the Full Faith and Credit Clause does not require a State to apply another State's law in violation of its own legitimate public policy.
As the full faith and credit doctrine has evolved over the last two centuries, it has been applied with the most rigor to state judgments.
Some commentators simply pass over the issue by asserting that, under the full faith and credit clause, other states would be forced to recognize same-sex marriages celebrated in Hawaii.
Almost immediately, senior Treasury Department officials denied full faith and credit was needed.
1% of 2005 personal income and debt is almost two-thirds full faith and credit GOs.
The current offering is secured by the county's full faith and credit pledge but debt service is actually paid from rates and charges generated by the self-supporting district; therefore all of the outstanding district debt is excluded from the county's debt levels.
The ERBs are general obligations of the State of California and carry a pledge of its full faith and credit.
The Notes are a general obligation of the County, backed by the County's full faith and credit.
7 million State of Florida full faith and credit state board of education capital outlay bonds, 2006 series A, for bid on 18 hours notice as early as May 30.
The Texas Transportation Commission is authorized to issue bonds backed by fund revenues and to pledge the full faith and credit of the state to the payment of the debt in the event that revenue and moneys dedicated to and on deposit in the mobility fund are insufficient.
NEW YORK -- Fitch Ratings assigns a rating of 'AAApre' to the $163,345,000 State of Florida, full faith and credit, State Board of Education public education capital outlay bonds, 2000 series A, maturing June 1, 2011 - 2030, based on an escrow fund invested in direct U.
3 million in outstanding water and sewage authority revenue bonds and $193 million in other debt supported by the County's full faith and credit, including $65 million in bonds issued by the Development Authority of Gwinnett County.
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