Guidance Document Information
||Use of Literary Fund Proceeds
||Finance & Operations
||There are certain requirements that must be met in order for a Literary Loan Note to be tax exempt.
The purpose of the guideline is to summarize some of those requirements so that local school divisions may take the action necessary to preserve the tax exemption of the Loan Note.
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Posted On 12/30/2021
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This document applies to all boards for this agency
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