Formal opinion definition

Formal opinion means a formal advisory opinion issued by the commission under s. 19.46
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Formal opinion means an advisory opinion issued by the commission under s. 19.46 (2) (c), Stats.
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Formal opinion means a written opinion adopted by the Board that contains the findings of fact and conclusions of law that form the basis of the Board’s decision on an appeal from an action of the Franchise Tax Board and sets precedent.
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Examples of Formal opinion in a sentence

  • Formal opinion requests must have the approval of legislative leadership and are billed to Legislature.

  • Formal opinion should be requested from the Government Standards and Practices Commission.

  • An indicative timeline in the case of the CEF Telecom WP 2018 is as follows: - Orientations prepared by the Commission in March 2017; - Orientations discussed in CEF Telecom Expert Group (assisting the Commission) in March 2017; - WP 2018 proposal discussed in CEF Telecom Expert Group in June 2017; - Presentation of WP 2018 to CEF Telecom Committee in October 2017; - Formal opinion of Member States (in CEF Telecom Committee) in January 2018; - Adoption of WP by the Commission in February 2018.

  • Formal opinion request – prepaid cellular phones ♦ Senate Bill 239 modified the Emergency Notification System to have opt- out option.

  • Formal opinion on the appropriateness of GNI data for own resource purposes Article 4 of the GNI Regulation also specifies that the Gross National Income Expert Group is to issue annual opinions on the appropriateness of the GNI data submitted by Member States for own resources purpose.

  • NEW YORK CITY BAR ASSOCIATION, Formal opinion 2011-2: third party litigation financing, 2011, www.nycbar.org/ethics/ethics-opinions-local/2011-opinions/1159-formal-opinion-2011-02; see in the same sense, S.

  • NarrowWideCoCo, Turnbull, COSO Sarbanes-OxleyDefinition of internal Control Formal opinion on effectiveness, publicly reported by the boardNo Yes ISA 100 states that an assurance engagement requires three parties: a responsible party, an intended user and an auditor.

  • Formal opinion on the necessity for a SEA of the Action Plan has been sought from the SEA Gateway at the Scottish Government and a Screening Report has been submitted.

  • Formal opinion should berequestedfrom theGovernmentStandardsandPractices Commission.

  • Credit Rating – Formal opinion by a registered rating agency of a counterparty’s future ability to meet its financial liabilities; these are opinions only and not guarantees.

Related to Formal opinion

  • Withdrawal Opinion of Counsel has the meaning assigned to such term in Section 11.1(b).

  • Legal Opinion means any legal opinion delivered to the Agent under Clause 4.1 (Initial conditions precedent) or Clause 29 (Changes to the Obligors).

  • Second opinion means an opportunity or requirement to obtain a clinical evaluation by a provider other than the one originally making a recommendation for a proposed health service to assess the clinical necessity and appropriateness of the initial proposed health service.

  • Opinion of Bond Counsel means a written opinion of Bond Counsel.

  • Actuarial opinion means the opinion of an appointed actuary regarding the adequacy of the reserves and related actuarial items based on an asset adequacy analysis in accordance with subrule 5.34(6) and with applicable actuarial standards.

  • Favorable Opinion of Bond Counsel means an opinion of Bond Counsel addressed to the Issuer and the Trustee to the effect that the action proposed to be taken is authorized or permitted by the laws of the Commonwealth and this Indenture and will not, in and of itself, adversely affect any exclusion of interest on the Bonds from gross income of the owners thereof for federal income tax purposes.

  • Opinion means an opinion from Company’s independent legal counsel, in the form attached as Exhibit E or in such other form agreed upon by the parties, to be delivered in connection with the Commitment Closing and any Tranche Closing.

  • REMIC Opinion An Independent Opinion of Counsel, to the effect that the proposed action described therein would not, under the REMIC Provisions, (i) cause any REMIC created hereunder to fail to qualify as a REMIC while any regular interest in such REMIC is outstanding, (ii) result in a tax on prohibited transactions with respect to any REMIC created hereunder or (iii) constitute a taxable contribution to any REMIC created hereunder after the Startup Day.

  • Certificate of Acceptance means written certification, delivered to Contractor and signed by an authorized representative of the State, stating that any Defects in a particular Phase or the Solution discovered after implementation and testing have been corrected as required under this Contract, and that the Phase complies in all material respects with all of the applicable Requirements.

  • Legal Opinions has the meaning given to that term in subsection 6.1(k)(ii) hereto;

  • Initial Certificate Transfer Opinion means an opinion rendered by nationally recognized tax counsel (i) upon the initial transfer by the Depositor of a Certificate that results in the Issuer being treated as a partnership for United States federal income tax purposes and (ii) while any Note retained by the Issuer or a Person that is considered the same Person as the Issuer for United States federal income tax purposes is outstanding that (x) such Note will be debt for United States federal income tax purposes or (y) the transfer by the Depositor of such Certificate will not cause the Issuer to be treated as an association or publicly traded partnership taxable as a corporation.

  • Nondisqualification Opinion An Opinion of Counsel, prepared at the Trust’s expense and payable from the Collection Account, that a contemplated action will not cause (i) either the Lower-Tier REMIC or the Upper-Tier REMIC to fail to qualify as a REMIC or (ii) a “prohibited transaction” or “prohibited contributions” tax to be imposed on either the Lower-Tier REMIC or the Upper-Tier REMIC at any time that any Certificates are outstanding.

  • Company Counsel means Xxxxxxxx LLP, with offices located at 000 Xxxxx Xxxxxx Xxx, Xxxxx 000, Xxxxxxxxx, Xxxxxxxx 00000.

  • Insolvency Opinion means that certain non-consolidation opinion letter dated the date hereof delivered by Xxxxxx Xxxxxxxx Xxxxx & Xxxxxxxx LLP in connection with the Loan.

  • Non-Consolidation Opinion means that certain substantive non-consolidation opinion delivered to Lender in connection with the closing of the Loan.

  • Representation Letter Letters to, or agreements with, the Depository to effectuate a book entry system with respect to the Class A Certificates registered in the Register under the nominee name of the Depository.

  • Opinion of Counsel means a written opinion from legal counsel who is acceptable to the Trustee. The counsel may be an employee of or counsel to the Company or the Trustee.

  • Secretary’s Certificate has the meaning set forth in Section 2.2(a)(vi).

  • Representation Letters means the representation letters and any other materials (including, without limitation, a Ruling Request and any related supplemental submissions to the IRS) delivered or deliverable by, or on behalf of, Parent, SpinCo and others in connection with the rendering by Tax Advisors and/or the issuance by the IRS of the Tax Opinions/Rulings.

  • Comfort Letter has the meaning given to that term in subsection 6.1(k)(i) hereto;

  • Tax Opinions mean certain Tax opinions and supporting memoranda rendered by Bxxxxxxxx to RemainCo or any of its Affiliates in connection with the Plan of Separation.

  • Resignation Letter means a letter substantially in the form set out in Schedule 7 (Form of Resignation Letter).

  • Bond Counsel means an attorney or firm of attorneys of nationally recognized standing on the subject of municipal bonds satisfactory to the Director.

  • Additional Insolvency Opinion shall have the meaning set forth in Section 4.1.30(c) hereof.

  • Tax Counsel shall have the meaning set forth in Section 6.2 hereof.

  • Opinion of Independent Counsel means a written opinion of legal counsel issued by someone who is not an employee or consultant of Parent, the Company or any Guarantor and who shall be acceptable to the Trustee.