Series 50: Qualified Private Activity Bonds

Taken from our Series 50 - MSRB Municipal Advisor Representative Qualification Exam

Definition of the term Qualified Private Activity Bonds...

private activity bonds that qualify for tax-exempt status. However, wealthy investors in qualified private activity bonds may be required to pay the alternative minimum tax.

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I haven't taken an exam in about 15 years and I'm happy to report that I passed the Series 50 Municipal Advisor exam on my first attempt. The material was extremely thorough and comprehensive. The online questions, quizzes and exams were very comparable in difficulty to the actual exam, thus providing the foundation for my success. Thank you for your guidance.

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Elizabeth Hill, Bright Bay Advisors, LLC, Long Beach, NY

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