Your client is planning to invest some of its excess cash in 5-year revenue bonds issued by the county. To avoid volatility in their financial statements due to fair value adjustments, your client is considering whether the bond investment could be classified as held-to-maturity. The client is pretty sure it will hold the bonds for 5 years. How close to maturity could the client sell an investment and still classify it as held-to-maturity? What disclosures would have to be made for any sale or transfer from securities classified as held-to-maturity?