A written conclusion by a bond counsel regarding a municipal bond offering. The opinion indicates whether the issuance conforms to laws, tax codes and/or regulations, and that the bond issue is valid and enforceable. It is considered "qualified" because it is conditional or subject to qualifications, such as missing information. See legal opinion. Opposite of unqualified legal opinion.
Related information about qualified legal opinion:
- qualified legal opinion - Municipal Securities Rulemaking Board
QUALIFIED LEGAL OPINION – A legal opinion of bond counsel, sometimes referred to as a “reasoned opinion,” that is conditional or otherwise subject to ...
- unqualified legal opinion - Municipal Securities Rulemaking Board
Compare: QUALIFIED LEGAL OPINION. See: LEGAL OPINION. Terms and Conditions | Privacy Statement | Site Map | © Municipal Securities Rulemaking Board ...
- What is qualified legal opinion? definition and meaning
Definition of qualified legal opinion: A written conclusion by a bond counsel regarding a municipal bond offering. The opinion indicates whether the issuance ...
- What is Qualified Legal Opinion? - Definition from Testopedia
Qualified Legal Opinion Definition - Qualified Legal Opinion is a legal opinion containing conditions or reservations relating to the issue. A legal...
- Definition - Qualified Legal Opinion
A qualified legal opinion is a conditional affirmation of the legality of securities before or after they are sold. An unqualified legal opinion, on the other hand, ...
- Qualified Pension Plan Or Trust - Hewitt Financial Services ...
Qualified Legal Opinion A contingent confirmation regarding the legality of a new municipal bond issue. If there is a lawsuit to block a new municipal bond issue, ...
- * Legal opinion - (Business): Definition
See: Qualified Legal Opinion. >>> http://www.pcquote.com/glossary/j_o.php. Legal opinion. A statement, usually written by a specialized law firm, required for a ...
- eMuni Glossary of Municipal Bond Terms
Qualified Legal Opinion. Conditional affirmation of the legal basis for the bond or note issue. The average investor should avoid any but the strongest opinion by ...