A legal opinion document attests to the validity of a municipal bond issue.
A municipal bond (munis) is a bond issued by a government agency. When you buy a municipal bond, you are lending money to the issuer to make a certain number of interest payments for a certain period of time.
Municipal bonds are bonds issued by states, cities, counties, and other government agencies to fund day-to-day obligations and fund capital projects such as building schools, highways, or sewers. increase.
Municipal bonds are exempt from federal taxes and in many cases also from state taxes. If the bonds purchased are from a country other than the purchaser's country of residence, the home country may impose taxes on the interest income from the bonds.
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