Serial Bonds – bonds of a corporation or a municipality issued at the same time but redeemable at different specified dates

serial bond:
(1889)

1. A bond issued concurrently with other bonds having different maturity dates. [1]

1. Bonds issued by a public body payable at different times.  43 Am J1st Pub Sec § 8.

Bonds of a corporation or municipality which are issued in a series of which different parts are redeemable at different specified dates.  Fales v Multnomah County, 119 Or 127, 248 P 151. [2]

1. Bonds of a corporation or a municipality issued at the same time but redeemable at different specified dates.
     Compare series bonds.  Also compare term bonds. [3]

References:

Disclaimer: All material throughout this website is compiled in accordance with Fair Use.

[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black & Editor in Chief Bryan A. Garner. ISBN: 978-0-314-62130-6

[2]: Ballantine’s Law Dictionary with Pronunciations
Third Edition
 by James A. Ballantine (James Arthur 1871-1949).  Edited by William S. Anderson.  © 1969 by THE LAWYER’S CO-OPERATIVE PUBLISHING COMPANY.  Library of Congress Catalog Card No. 68-30931

[3]: Ballantine’s Law Dictionary Legal Assistant Edition
by Jack Ballantine 
(James Arthur 1871-1949).  Doctored by Jack G. Handler, J.D. © 1994 Delmar by Thomson Learning.  ISBN 0-8273-4874-6.

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