qualified tax-exempt obligation
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 265 — in this section
For purposes of subparagraph (A), the term “qualified tax-exempt obligation” means a tax-exempt obligation—
(I) which is issued after August 7, 1986, by a qualified small issuer,
(II) which is not a private activity bond (as defined in section 141), and
(III) which is designated by the issuer for purposes of this paragraph.