The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

OVERISSUE Definition & Legal Meaning

Definition & Citations:

To issue in excessive quantity ; to issue iu excess of fixed legal limits. Thus, “overissued stock” of a private corporation is capital stock issued in excess of the amount limited and prescribed by the charter or certificate of iucorporation. See Hayden v. Charter Oak Driving Park, 03 Conn. 142, 27 Atl. 232.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.