Qualified Public Educational Facility Bond Law and Legal Definition
Qualified public educational facility bond is a tax exempt private activity bond issue, of which ninety five percent or more of the net proceeds is used to provide qualified public educational facilities.
A qualified public educational facility is any school facility that is:
a. part of a public elementary or secondary school; and
b. owned by a private, for-profit corporation under a public-private partnership agreement with a state or local educational agency.
Legal Definition list
- Qualified Psychologist Services
- Qualified Property or Services
- Qualified Professional [Education]
- Qualified Products List
- Qualified Production Company
- Qualified Public Educational Facility Bond
- Qualified Public Housing Agency
- Qualified Purchaser [Banks & Banking]
- Qualified Real Estate Agent
- Qualified Real Estate Investment Trusts [Internal Revenue]
- Qualified Redevelopment Bond
