Ineffective and Inequitable: The Section 265(a) Interest Disallowance
Wake Forest Law Review
This article argues for the repeal of Code section 265(a) because it is ineffective, creates horizontal inequities, and represents overwhelming administrative enforcement difficulties. Consistent with the repeal of the section should be a repeal of Code section 103. The market for municipal banks will operate more efficiently without these Code sections.
Ronald W. Blasi & C. James Judson, Ineffective and Inequitable: The Section 265(a) Interest Disallowance, 25 Wake Forest L. Rev. 811 (1990).
Institutional Repository Citation
Blasi, Ronald W. and Judson, C. James, "Ineffective and Inequitable: The Section 265(a) Interest Disallowance" (1990). Faculty Publications By Year. 729.