Title 20, Chapter 3, Section 156
( 20-3-156)
In case any officer whose signature shall appear on any bonds or
whose facsimile signature shall appear on any coupon shall cease to
be such officer before the delivery of such bonds, such signature
shall nevertheless be valid and sufficient for all purposes, the
same as if he had remained in office until such delivery. All such
bonds shall be signed by the chairman of the authority, and the
official seal of the authority shall be affixed thereto and attested
by the secretary of the authority; and any coupons attached thereto
shall bear the signature or facsimile signature of the chairman of
the authority. Any coupon may bear the facsimile signature of such
person, and any bond may be signed, sealed, and attested on behalf
of the authority by such persons as at the actual time of the
execution of such bonds shall be duly authorized or hold the proper
office, although at the date of such bonds such persons may not have
been so authorized or shall not have held such office. |