§ 24-75-908 — Execution of notes

(1) The notes shall be signed on behalf of
the state by the state treasurer and countersigned by the controller, and the seal of
the state treasurer shall be affixed thereto; except that no such signatures or seal
shall be required if the notes are issued in book entry form pursuant to section 24-75-907 (1). The resolution authorizing the issuance of the notes may provide that
the notes may be authenticated prior to delivery by the authorized representative of
the registrar, paying agent, or depository.

(2) Pursuant to article 55 of title 11, C.R.S., any signature required by
subsection (1) of this section may be a facsimile signature imprinted, engraved,
stamped, or otherwise placed on the notes. If all signatures of public officials on the
notes are facsimile signatures, provision shall be made for a manual authenticating
signature on the notes by or on behalf of a designated authenticating agent. If an
official ceases to hold office before delivery of the notes signed by such official, the
signature or facsimile signature of the official is nevertheless valid and sufficient
for all purposes. A facsimile of the seal of the state treasurer may be imprinted,
engraved, stamped, or otherwise placed on the notes.

Legislative History

Source: L. 86: Entire part R&RE, p. 969, � 1, effective July 1. L. 89: Entire section amended, p. 1138, � 4, effective March 21.