Overissue
Black's Law Dictionary · Henry Campbell Black, M.A. · 1910
Black's Law Dictionary
To issue lu excessive quantity ; to issue in 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 incorporation.
See Hayden v. Charter Oak Driving Park, 63 Conn. 142, 27 Atl. 232.