Qualified Student Loan Bond Law and Legal Definition
Qualified student loan bond is a tax-exempt private activity bond issue. Ninety percent or more of the net proceeds is used to make or finance student loans under a program of general application subject to the Higher Education Act of 1965. Otherwise ninety five percent or more of the net proceeds is used to make or finance student loans under a program of general application approved by the state.
Legal Definition list
- Qualified Stated Interest
- Qualified State Soybean Board
- Qualified State Sheep Board
- Qualified State Beef Council
- Qualified Speech-Language Pathologist
- Qualified Student Loan Bond
- Qualified Subsidiary (Internal Revenue Code)
- Qualified Terminal Interest Property Trust
- Qualified Timber Property [Internal Revenue]
- Qualified Transportation Fringe
- Qualified Tuition and Related Expenses
