pooled financing bond

(6) Pooled financing bond For purposes of this subsection— (A) In general The term “pooled financing bond” means any bond issued as part of an issue more than $5,000,000 of the proceeds of which are reasonably expected (at the time of the issuance of the bonds) to be used (or are intentionally used) directly or indirectly to make or finance loans to 2 or more ultimate borrowers. (B) Exceptions Such term shall not include any bond if— (i) section 146 applies to the issue of which such bond is a part (other than by reason of section 141(b)(5)) or would apply but for section 146(i), or (ii) section 143(l)(3) applies to such issue.


26 USC § 149(f)(6)

Scoping language

For purposes of this subsection
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