Is a
Patent attributes
Current Assignee
Patent Jurisdiction
Patent Number
Patent Inventor Names
George H. Butcher0
Date of Patent
March 13, 2007
0Patent Application Number
099208800
Date Filed
August 2, 2001
0Patent Primary Examiner
Patent abstract
A method for structuring a state revolving fund bond program. More particularly, a method for structuring a state revolving fund bond program including an SRF fund with program equity, at least one loan made to a borrower, and at least one bond issued to a bondholder corresponding to the loan made to the borrower, comprising: receiving, into the SRF fund, loan repayments made by the borrower; and paying bond debt service with the loan repayments made by the borrower and, to the extent required, from program equity and earnings thereon.
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