severe fiscal distress

(2) Definitions For purposes of this section— (A) “fiscal distress” means a jurisdiction other than a State that satisfies 1 of the distress criteria set forth in paragraph (3); and (B) “severe fiscal distress” means a jurisdiction other than a State that satisfies both of the distress criteria set forth in paragraph (3).

Source

42 USC § 12750(d)(2)


Scoping language

For purposes of this section
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