special tax bond
A municipal bond secured by taxes levied for a specific governmental purpose, usu. improvements. — Also termed special-assessment bond. [Cases: Municipal Corporations 950. C.J.S. Municipal Corporations §§ 1708–1709.]
A municipal bond secured by taxes levied for a specific governmental purpose, usu. improvements. — Also termed special-assessment bond. [Cases: Municipal Corporations 950. C.J.S. Municipal Corporations §§ 1708–1709.]