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This field lets you toggle a form between two states: PRODUCTION and DEVELOPMENT. When a form is in the development state it contains a watermark. Deploying the form into the production state removes the watermark.
Use this field to toggle between production and development. Forms can also be deployed/undeployed via button You can change the state of your form from the deployment dropdown or you can click on the deployed/undeployed button on the forms home page.
See the Administrator's Guide Deployment State topic related topic.
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