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tribal economic development bond

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 7871 — for purposes of this section

For purposes of this section, the term “tribal economic development bond” means any bond issued by an Indian tribal government—

(i) the interest on which would be exempt from tax under section 103 if issued by a State or local government, and

(ii) which is designated by the Indian tribal government as a tribal economic development bond for purposes of this subsection.