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municipal
A municipality is usually a single administrative division having corporate status and powers of self-government or jurisdiction as granted by national and regional laws to which it is subordinate.
The term municipality may also mean the governing or ruling body of a given municipality. A municipality is a general-purpose administrative subdivision, as opposed to a special-purpose district.
The term is derived from French municipalité and Latin municipalis. The English word municipality derives from the Latin social contract municipium (derived from a word meaning "duty holders"), referring to the Latin communities that supplied Rome with troops in exchange for their own incorporation into the Roman state (granting Roman citizenship to the inhabitants) while permitting the communities to retain their own local governments (a limited autonomy).
A municipality can be any political jurisdiction from a sovereign state, such as the Principality of Monaco, to a small village, such as West Hampton Dunes, New York.
The territory over which a municipality has jurisdiction may encompass
only one populated place such as a city, town, or village
several of such places (e.g., early jurisdictions in the U.S. state of New Jersey (1798–1899) as townships governing several villages, Municipalities of Mexico, Municipalities of Colombia)
only parts of such places, sometimes boroughs of a city such as the 34 municipalities of Santiago, Chile.
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The term municipality may also mean the governing or ruling body of a given municipality. A municipality is a general-purpose administrative subdivision, as opposed to a special-purpose district.
The term is derived from French municipalité and Latin municipalis. The English word municipality derives from the Latin social contract municipium (derived from a word meaning "duty holders"), referring to the Latin communities that supplied Rome with troops in exchange for their own incorporation into the Roman state (granting Roman citizenship to the inhabitants) while permitting the communities to retain their own local governments (a limited autonomy).
A municipality can be any political jurisdiction from a sovereign state, such as the Principality of Monaco, to a small village, such as West Hampton Dunes, New York.
The territory over which a municipality has jurisdiction may encompass
only one populated place such as a city, town, or village
several of such places (e.g., early jurisdictions in the U.S. state of New Jersey (1798–1899) as townships governing several villages, Municipalities of Mexico, Municipalities of Colombia)
only parts of such places, sometimes boroughs of a city such as the 34 municipalities of Santiago, Chile.
View More On Wikipedia.org
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Other State Texas blocks big banks from Muni bond activity due to their anti-gun stance
It turns out JPMorgan is not alone. As we noted below, the new Texas law is hitting all the bulge bracket, virtue-signaling banks. Bloomberg reports that since the Republican-backed law took effect on Sept. 1, neither Bank of America, Citigroup, or JPMorgan has managed a single municipal-bond...- Discussion Thread
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