Fractionalized interests in public obligations means participations, certificates of participation, shares, or other instruments or agreements, separate from the public obligations themselves, evidencing ownership of interests in public obligations or of rights to receive payments of, or on account of, principal or interest or their equivalents payable by or on behalf of an obligor pursuant to public obligations.
Fractionalized interests in public obligations means participations, certificates of participation, shares, or other
Fractionalized interests in public obligations means participations, certificates of participation, shares, or other instruments or agreements, separate from the public obligations
Examples of Fractionalized interests in public obligations in a sentence
Fractionalized interests in public obligations" means participations, certificates of participation, shares, or other instruments or agreements, separate from the public obligations themselves, evidencing ownership of interests in public obligations or of rights to receive payments of, or on account of, principal or interest or their equivalents payable by or on behalf of an obligor pursuant to public obligations.