Connecticut § 10a-109t Validity of securities.

Connecticut Statutes

§ 10a-109t — Validity of securities.

Connecticut·Title 10a State System of Higher Education·Ch. 185b Constituent Units

Securities bearing duly authorized signatures of officers or officials holding office on the date of signing shall be valid and binding obligations, notwithstanding that before the delivery of and payment for the obligation any or all persons whose signatures appear on the securities shall have ceased to be such officers or officials. The validity of securities shall not be dependent on nor affected by the validity or regularity of any proceedings to acquire any project financed with the proceeds of securities.

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Securities bearing duly authorized signatures of officers or officials holding office on the date of signing shall be valid and binding obligations, notwithstanding that before the delivery of and payment for the obligation any or all persons whose signatures appear on the securities shall have ceased to be such officers or officials. The validity of securities shall not be dependent on nor affected by the validity or regularity of any proceedings to acquire any project financed with the proceeds of securities.

Connecticut § 10a-109t (Validity of securities.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.