acquisition indebtedness

(4)For purposes of this section, the term “acquisition indebtedness” does not include indebtedness the incurrence of which is inherent in the performance or exercise of the purpose or function constituting the basis of the organization’s exemption, such as the indebtedness incurred by a credit union described inin accepting deposits from its members.

Source

26 USC § 514(c)(4)


Scoping language

For purposes of this section
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