Secondary Market Tax-Exempt Asset Securitization

Secondary Market Tax-Exempt Asset Securitization

Editorial Reviews
Book Description
This book is a valuable tool that provides a comprehensive and in-depth analysis of business considerations as well as legal issues for secondary market securitization of tax-exempt assets, including the securitized TOB market. It discusses and analyzes solely the securitization of state and local government obligations, interest on which is federally tax-exempt, using partnerships, custodial arrangements, trusts and other structures that pass through to investors the interest income without changing its character for federal income tax purposes.

Secondary Market Tax-Exempt Asset Securitization,Darrell R. Larsen,American Bar Association,1590315138,Administrative Law & Regulatory Practice,Asset-backed financing,Law,Law and legislation,Legal Reference / Law Profession,Municipal bonds,Securities, Tax-exempt,Tax Law,Taxation,United States,Financial law,Law / General,USA

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