Series 50: TEFRA

Taken from our Series 50 Online Guide

TEFRA

A qualified private activity bond must also meet what is known as the TEFRA requirement. The TEFRA requirement, which is named after the Tax Equity and Fiscal Responsibility Act of 1982, states that in order to be tax-exempt, a private activity bond must first receive public approval. Public approval can be obtained in two ways:

1. From an “applicable elected representative” of the issue

+ Read More

More Series 50 Info

What are people saying?

Create an Account

Since you're reading about Series 50: TEFRA, you might also be interested in:

Series 63 - Series 63 Online Guide

Series 50 - Five-Year Minimum Requirement

Series 65 - Exercise

Series 24 - Networking Arrangement Guidelines

Series 65 - Defined Benefit Plans

Series 82 - 1.1. Primary Market: Issuing Corporate Securities

Series 65 - 2.15.2. Revenue Bonds

Series 53 - Financial Records

Series 7 - 14.1.3 Changes in Account Name or Designation

Series 3 - 7.3.2.5. FCM Loans

Series 66 - 2.4.14.1. Callable Bonds

Series 66 - 2.3.3 Stock Appreciation Rights

Series 6 - 4.2.3. Maturity Structure

Series 14 - 4.3. Understanding Margin

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

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.

J. Mark Chapman, IBIC LLC, Madison, CT

I just passed the Series 50 exam! Yay! The Solomon Exam Prep materials are excellent. I utilized the guide book, on-line lecture, on-line course, on-line study guide and quizzes. The "Ask the Professor" feature was very helpful as well. I highly recommend their resources.

Lori Volz, Baker Tilly, Minneapolis, MN

I had the Series 50 study guide memorized backwards and forwards, but still found the exam to be extremely difficult. I think the study guide still needs a lot of refining to cover more of the exam content, but I sure as heck wouldn't have passed the exam without it. Found the Solomon study guide to be absolutely necessary, but still in need of considerable improvement.

Delaney Ridgley, Raftelis. Charlotte, NC

I used the exam prep guide and online tests to study for the Series 50 exam. I relied completely on these study helps to prepare for the exam, which I passed!

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

Your study material laid a great foundation in my understanding of the tested material and was instrumental in my passing the Series 50.

Steven Scharff, Springsted Incorporated, Saint Paul, MN

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