The Law Dictionary

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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.


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