Public-finance transaction definition

Public-finance transaction means a secured transaction in connection with which:
Public-finance transaction means a secured
Public-finance transaction means a secured transaction in

More Definitions of Public-finance transaction

Public-finance transaction means a secured transaction in connection with which all of the following apply: (i) debt securities are issued, (ii) all or a portion of the securities issued have an initial stated maturity of at least 20 years, and (iii) the debtor, obligor, secured party, account debtor or other person obligated on collateral, assignor or assignee of a secured obligation, or assignor or assignee of a security interest is a state or a governmental unit of a state.
Public-finance transaction means a secured transaction in connection with which all of the following conditions are satisfied:
Public-finance transaction means a secured transaction in con- nection with which:
Public-finance transaction means a secured transaction in c onnection with which:
Public-finance transaction means a secured transaction in 52 connection with which: 53 (A) debt securities are issued; 54 (B) all or a portion of the securities issued have an initial 55 stated maturity of at least 20 years; and
Public-finance transaction means a secured transaction in connec- tion with which:
Public-finance transaction means a secured transaction in connection with 1796 which: 1797 (a) debt securities are issued; 1798 (b) all or a portion of the securities issued have an initial stated maturity of at least 20 1799 years; and 1800 (c) the debtor, obligor, secured party, account debtor or other person obligated on 1801 collateral, assignor or assignee of a secured obligation, or assignor or assignee of a security 1802 interest is a state or a governmental unit of a state. 1803 [(68)] (67) "Pursuant to commitment," with respect to an advance made or other value 1804 given by a secured party, means pursuant to the secured party's obligation, whether or not a 1805 subsequent event of default or other event not within the secured party's control has relieved or 1806 may relieve the secured party from its obligation. 1807 [(69)] (68) "Record," except as used in "for record," "of record," "record or legal title," 1808 and "record owner," means information that is inscribed on a tangible medium or which is 1809 stored in an electronic or other medium and is retrievable in perceivable form. 1810 [(70)] (69) "Registered organization" means an organization organized solely under the 1811 law of a single state or the United States and as to which the state or the United States must 1812 maintain a public record showing the organization to have been organized. 1813 [(71)] (70) "Secondary obligor" means an obligor to the extent that: 1814 (a) the obligor's obligation is secondary; or 1815 (b) the obligor has a right of recourse with respect to an obligation secured by collateral 1816 against the debtor, another obligor, or property of either. 1817 [(72)] (71) "Secured party" means: 1818 (a) a person in whose favor a security interest is created or provided for under a 1819 security agreement, whether or not any obligation to be secured is outstanding; 1820 (b) a person that holds an agricultural lien; 1821 (c) a consignor; 1822 (d) a person to which accounts, chattel paper, payment intangibles, or promissory notes 1823 have been sold; 1824 (e) a trustee, indenture trustee, agent, collateral agent, or other representative in whose 1825 favor a security interest or agricultural lien is created or provided for; or