WASHINGTON -- The National Association of Bond Lawyers has warned the Supreme Court that the security of billions of dollars of solid waste, water, and sewage facilities bonds could be undermined unless the justices uphold a New York locality's waste disposal law.

At issue in the dispute, C&A Carbone Inc. v. Town of Clarkstown, N.Y., is a local ordinance that requires all waste generated within Clarkstown's borders to be taken to a designated facility.

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