Montana Code 7-7-2215. Zero-coupon bonds and capital appreciation bonds
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7-7-2215. Zero-coupon bonds and capital appreciation bonds. The terms “zero-coupon bonds” and “capital appreciation bonds”, as used in this part, mean those forms of bonds that do not make periodic interest payments but, rather, are sold at a discount from their face value.
Terms Used In Montana Code 7-7-2215
- capital appreciation bonds: as used in this part , mean those forms of bonds that do not make periodic interest payments but, rather, are sold at a discount from their face value. See Montana Code 7-7-2215