Secondary Market Tax-Exempt Asset Securitization
Год выпуска: 2006 Автор: Darrell R. Larsen Издательство: Страниц: 0 ISBN: 1590315138 Описание Book DescriptionThis 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.
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