What is the meaning of Legal Opinion?

Legal Opinion is a written opinion from bond counsel that an issue of bonds was duly authorized and issued. The opinion usually includes the statement, "interest received thereon is exempt from federal taxes and, in certain circumstances, from state and local taxes.".

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APABarry Goldsmith. (2010). legal opinion. Retrieved October 1, 2026, from http://smartdefine.org/legal_opinion/definitions/1157035
ChicagoBarry Goldsmith. 2010. "legal opinion" http://smartdefine.org/legal_opinion/definitions/1157035 (accessed October 1, 2026).
HarvardBarry Goldsmith 2010, legal opinion, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/legal_opinion/definitions/1157035>.
MLABarry Goldsmith. "legal opinion" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/legal_opinion/definitions/1157035>
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