Municipal security definition
Municipal security means a security that when issued was not exempt from this act or former 1943 PA 202 by the provisions of this act or by former 1943 PA 202 or by the provisions of the law authorizing its issuance and that is payable from or secured by any of the following:
Municipal security means an evidence of indebtedness issued by an irrigation district.
Municipal security means an evidence of indebtedness issued by a political subdivision, including a clean renewable energy bond issued under 26 U.S.C. 54 [Pub. L. 109-58; 119 Stat. 991], and a revenue agreement entered into by a contracting party as those terms are used in chapter 40-57, but does not generally include an evidence of indebtedness issued pursuant to chapter 40-57 other than an evidence of indebtedness that qualifies as a qualified small issue bond as defined under 26 U.S.C. 144(a) [Pub. L. 99-514; 100 Stat. 2606], as amended, and regulations promulgated and officially proposed to be promulgated thereunder, or as an "exempt facility bond" as defined under 26 U.S.C. 142(a)(4), (5), or (6) [Pub. L. 99-514; 100 Stat. 2606], as amended, and regulations promulgated and officially proposed to be promulgated thereunder, issued to provide one of the following:
More Definitions of Municipal security
Municipal security means an evidence of indebtedness issued by a political
Municipal security means an evidence of indebtedness issued by a political subdivision, but does not include an evidence of indebtedness issued pursuant to chapter 40-57 other than an evidence of indebtedness that qualifies as an "exempt facility bond" as defined under 26 U.S.C. 142(a) (4), (5), or (6) [Pub. L. 99-514; 100 Stat. 2606], as amended, and regulations promulgated and officially proposed to be promulgated thereunder, issued to provide one of the following:
Municipal security means a security that when issued was not exempt from this act or the municipal finance act, 1943 PA 202, MCL 131.1 to 139.3, by the provisions of this act or by the provisions of the municipal finance act, 1943 PA 202, MCL 131.1 to 139.3, or by the provisions of the law authorizing its issuance and that is payable from or secured by any of the following:
Municipal security means a security that when issued was not exempt from this act or former 1943 PA 202 . . . and that is payable from or secured by any of the following:
Municipal security means any evidence of indebtedness acquired by the Authority pursuant to a Loan Agreement which is issued by a Borrower but does not include an evidence of indebtedness issued pursuant to Chapter 40-57, North Dakota Century Code, except as authorized by the Act.
Municipal security means any tax-exempt security issued by a municipality or other political subdivision of any state, including without limitation industrial development bonds and industrial revenue bonds, and as identified more particularly on Schedule A hereto.
Municipal security. ’ shall mean a security which is a direct obligation of, or obligation guaranteed as to principal or interest by a State or any political subdivision thereof, or