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designated bonding authority

Defined in 1 dictionary — U.S. Code

United States Code

20 U.S.C. § 1066A — for the purposes of this part (2 versions over time)

The term “designated bonding authority” means the private, for-profit corporation selected by the Secretary pursuant to section 1066d(1) of this title for the purpose of issuing taxable capital project construction bonds in furtherance of the purposes of this part.