7-7-2215. Zero-coupon bonds and capital appreciation bonds.
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/mt/title-7/chapter-7/part-22/7-7-2215·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
7-7-2215 . Zero-coupon bonds and capital appreciation bonds. The terms "zero-coupon bonds" and "capital appreciation bonds", as used in this part, mean those forms of bonds that do not make periodic interest payments but, rather, are sold at a discount from their face value.