Alabama § 41-10-269 Execution of Bonds

Alabama Statutes

§ 41-10-269 — Execution of Bonds

Alabama·Title 41 State Government·Ch. 10 Authorities·Art. 9 Alabama Judicial Building Authority

All bonds of the authority shall be signed by its chair or vice chair, and the seal of the authority shall be affixed thereto and attested by its secretary or assistant secretary. The signatures of the chair, vice chair, secretary, and assistant secretary may be facsimile signatures and a facsimile of the seal of the authority may be imprinted on the bonds if the board of directors, in its proceedings with respect to issuance of such bonds, provides for manual authentication of such bonds by a trustee or paying agent or by named individuals who are employees of the state and who are assigned to the Department of Finance or Office of the State Treasurer. Delivery of bonds so executed shall be valid notwithstanding any changes in officers or in the seal of the authority after the signing and

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All bonds of the authority shall be signed by its chair or vice chair, and the seal of the authority shall be affixed thereto and attested by its secretary or assistant secretary. The signatures of the chair, vice chair, secretary, and assistant secretary may be facsimile signatures and a facsimile of the seal of the authority may be imprinted on the bonds if the board of directors, in its proceedings with respect to issuance of such bonds, provides for manual authentication of such bonds by a trustee or paying agent or by named individuals who are employees of the state and who are assigned to the Department of Finance or Office of the State Treasurer. Delivery of bonds so executed shall be valid notwithstanding any changes in officers or in the seal of the authority after the signing and sealing of such bonds.

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