Which of the Following Would Not Be Considered a Bank

question 2

Multiple Choice

Which of the following would not be considered a bank qualified municipal security?

• A) A Hays County general obligation bond to modernize the county fire department.
• B) A Lubbock County general obligation bond to build a new sewer plant.
• C) A City of San Marcos general obligation bond to pay for street repairs.
• D) A City of El Paso general obligation bond to pay for a new city jail.
• E) A State of Texas bond to finance road repairs.

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Definitions:

Product Pitch

A presentation or argument made to potential customers or investors, highlighting the benefits and value of a product.

Crowdfunding

A strategy for acquiring funds by leveraging the combined contributions of relatives, friends, clients, and independent investors.

Funding Goal

The specific amount of money that a project or venture aims to raise within a given timeframe, often through means such as loans, investments, or crowdfunding campaigns.

Crowdfunding

The strategy of accumulating funds for a project or venture by appealing for small monetary donations from countless individuals, typically through the web.