Master Agreement Among Underwriters for Municipal Securities (MMAAU)
An agreement setting forth the legal relationships between syndicate members and permitting the efficient execution of one standardized agreement rather than the execution of separately negotiated legal contracts each time a firm joins a syndicate. For use with negotiated offerings of municipal securities.
On July 16, 2018, SIFMA's Municipal Securities Division announced implementation of a new structure for its Master Agreement Among Underwriters (MAAU) for municipal securities by offering a signature page storage service. View related documents for Master Agreement Among Underwriters for Municipal Securities (MMAAU).
Storage Fee for Signed MMAAU Acceptance Letter
The fee to store the signed MMAAU acceptance letter is $1,000.
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