Municipalities in Distress: How States and Investors Deal with Local Government Financial Emergencies has been written for those involved in the state and local government financial market, be they municipal credit analysts, credit enhancers, investors, or state or local legislators. The book includes a compilation of the various state statutes and constitutional provisions that allow states to assist local governments by providing supervision, assistance, refinancing, and hopefully a bridge to a resolution that works. Additionally, the book includes a summary of the types of rights and remedies available to investors, on a state by state and comparison basis.