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Legal Opinion
(redirected from Legal opinions)

   Also found in: Wikipedia 0.01 sec.
Legal opinion
A statement, usually written by a specialized law firm, required for a new municipal bond issue stating that the issue is legally acceptable.

legal opinion
The statement of a bond counsel that a municipal bond issue is legal under the laws and restrictions of the issuing jurisdiction, and which indicates whether interest on the bonds is exempt from federal income taxes. A legal opinion is generally necessary to bring an issue to market. See also ex-legal.

Legal Opinion
An opinion by a lawyer or other qualified professional stating that a proposed municipal bond complies with all legal requirements and regulations. It also states whether or not the issue as structured will be exempt from federal taxes. Most municipal bonds are required to have legal opinions before issue.


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Located within the Dubai International Financial Centre (DIFC) and regulated by the Dubai Financial Services Authority (DFSA), with further regulatory approvals, no objection or legal opinions from 23 other regulators, the DME brings global standards in commodity trading to the world's premier hydrocarbon region.
BROOKFIELD - It may be just a baby step forward, but area towns have agreed to share legal opinions and stop reinventing the wheel.
Ashcroft was attorney general when he approved two Justice Department legal opinions in 2002 and 2003 that, essentially, approved the use of waterboarding and other harsh methods so long as they did not "cause pain similar in intensity to that caused by death or organ failure.
 
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