Weist Law has over 30 years of experience providing counsel to Joint Powers Authorities (JPAs), more specifically Public Finance Authorities (PFAs) throughout the state of California. In this capacity, we undertake due diligence reviews, draft appropriate revisions to documents such as loan agreements and indentures and protect our client's interests throughout the transaction.
We have decades of experience with public finance and securities matters, and we use that experience to answer questions, early identify potential problems and compliance issues and generally ensure that each transaction proceeds smoothly.
Duties of PFA Counsel
We both develop and review:
Provide advice on proposals from financial services firms concerning the issuance of municipal securities and municipal financial products
Draft and review all legal transaction documents, indentures, trust agreements, loan agreements and all other security agreements
Opinions on compliance with state and federal banking laws and trust agreement guidelines
Review and negotiation and amendments to the underlying security documents
Definitions of default and acceptable remedies
Letters of representation
All matters relating to the management of funds generated by the bond offering
Government Representing Government
PFAs are formed for the purpose of issuing tax-exempt and taxable conduit bonds for public and private entities nationwide for projects that are important to the community and present no risk to the taxpayer or any state or local government. We represent public financing authorities to protect their member's interests and ensure the members are thoroughly informed on the benefits of financing through a joint powers authority.
Schedule a Meeting with Our Team
We would love to learn more about how we can help your agency.