pooled financing bond
Defined in 2 places of the United States Code.
The term “pooled financing bond” means any bond issued as part of an issue more than $5,000,000 of the proceeds of which are reasonably expected (at the time of the issuance of the bonds) to be used (or are intentionally used) directly or indirectly to make or finance loans to 2 or more ultimate borrowers.
Source
- 1994–present26 U.S.C. § 149Internal Revenue Code · Bonds must be registered to be tax exempt; other requirements · in this section
The term “pooled financing bond” shall have the meaning given such term by section 149(f)(4)(A).
Source
- 2005–200626 U.S.C. § 54Internal Revenue Code · Credit to holders of clean renewable energy bonds · for purposes of this section
The term “pooled financing bond” shall have the meaning given such term by section 149(f)(6)(A).
Source
- 2006–present26 U.S.C. § 54Internal Revenue Code · Credit to holders of clean renewable energy bonds · for purposes of this section