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What are the other conditions associated with QZABs?

April 26, 2017associated Conditions qzabs

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What are the other conditions associated with QZABs?

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A local government can issue a QZAB if: A local government does not have to have a formal bond issue to participate in the program. A simple loan from a local financial institution can qualify as long as it meets the requirements described above. Qualified zone academy bonds also must be issued in accordance with state or local borrowing requirements.