Bond Issue Law and Legal Definition

Bond issue means bonds sold by a corporation or government agency at a particular time and identifiable by date of maturity.

A bond issue by any municipal corporation must be authorized by a vote of two-thirds of all the voters present and voting at an annual meeting called for that purpose. [Byron v. Timberlane Regional Sch. Dist., 113 N.H. 449, 454 (N.H. 1973)].