### Question
What is the definition of qualified bond?


### Answer
The definition of **qualified bond** is as follows in *26 U.S.C. § 141*:

> any private activity bond if—


#### (1) In general


Such bond is—


(A) an exempt facility bond,


(B) a qualified mortgage bond,


(C) a qualified veterans’ mortgage bond,


(D) a qualified small issue bond,


(E) a qualified student loan bond,


(F) a qualified redevelopment bond, or


(G) a qualified 501(c)(3) bond

#### Citation:
  - *26 U.S.C. § 141*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART IV-TAX EXEMPTION REQUIRE- > Subpart A-Private Activity Bonds**

