On municipal debt, I believe that entity Treasurer signs document, but to be legal, it must be accompanied by documentation equivalent of some official resolution or minutes of meeting confirming resolution that necessary governmental bodies [[Mayor/City Council, etc.) approved bond issuance in accordance with municipal law.
As far as co-signer, anyone can co-sign a loan. The question is whose co-signature will the lenders accept? I agree with 313WX here, most likely co-signer is the state because of its credit rating. But any entity or individual could theoretically co-sign a loan.
"$100B Restructuring Bond Issuance Receives Michimoby Guarantee: Bond Rating jumps from CCC- to CCC!"
Bookmarks