Each issuer shall notify the office of investment and debt management and the authority from which it received an assignment of state ceiling of each issuance of bonds that required an allocation of state ceiling by filing a copy of the information reporting statement required by section 149(e) of the code as promptly as possible after the issuance of the bonds. Failure to give such notice shall not affect the validity of the allocation of state ceiling or of the bonds.
Source. 1987, 120:1, eff. May 7, 1987.