Series 50: Bona Fide Debt Service Fund Exception

Taken from our Series 50 Online Guide

Bona Fide Debt Service Fund Exception

Bona fide debt service fund investment earnings are exempt from rebate requirements under certain circumstances. A bona fide debt service fund is defined as a fund that is primarily used to match revenues with debt service payments and is depleted each year, except fo

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Many thanks to the fine staff at Solomon Exam Prep. I'm happy to report that I passed the Series 50 Municipal Advisor exam on my first attempt. The written material is extremely thorough and comprehensive. With respect to the online quizzes and final exams, the questions are very comparable in difficulty to the actual exam, thus providing the foundation for success. A special word of thanks to Carson for his encouragement and support.

Tony Chiappetta, Sudsina & Associates, Mars, PA

I passed . Got an 84 on my Series 50. Solomon's prep material was pretty good. The practice tests were very helpful too. The numerical examples embedded within the theory really helped with the concepts. Made the material easy to read and understand.

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John Canney, Municipal Advisors Group Boston, MA

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Delaney Ridgley, Raftelis. Charlotte, NC