asked 223k views
2 votes
For a municipal revenue bond the opinion rendered by the bond counsel would attest to

asked
User Fletom
by
8.5k points

1 Answer

3 votes

I believe the answer is: the legality of the issue

The bound counsel is the group or individual that is hired by the issuer to act on their behalf during the transaction. The bound counsel's main duty is to make sure that both the issuer and the buyer of the bonds are legally bound to fulfil their obligations after the maturity date.


answered
User Marius Waldal
by
8.0k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.