Cash Flow Investment Law and Legal Definition

According to 26 USCS § 860G [Title 26. Internal Revenue Code; Subtitle A. Income Taxes; Chapter 1. Normal Taxes and Surtaxes; Subchapter M. Regulated Investment Companies and Real Estate Investment Trusts; Part IV. Real Estate Mortgage Investment Conduits], cash flow investment means “any investment of amounts received under qualified mortgages for a temporary period before distribution to holders of interests in the REMIC.

(7) Qualified reserve asset.

(A) In general. The term 'qualified reserve asset' means any intangible property which is held for investment and as part of a qualified reserve fund.”