A comprehensive overview of tax-exempt bonds, including definitions, types, salient features, historical context, and practical examples.
An authoritative statement on the legality of a situation, written by an authorized official, such as a city attorney or attorney general, or a law firm specializing in public borrowings, particularly municipal bond issues.
A municipal bond is a bond issued by a state or local government body such as a county, city, town, or municipal authority. Interest earned is generally not taxable by the U.S. government, nor in the jurisdiction that issued it.
Revenue bonds are municipal bonds that are repaid from the revenue generated by the specific project or service they finance, such as toll bridges, hospitals, and stadiums.
Comprehensive coverage of revenue bonds, their characteristics, types, examples, historical context, and applications.
