§ 21-35-6-14 — Bonds and coupons; seal

Indiana § 21-35-6-14

• Jurisdiction: Indiana
• Title 21: HIGHER EDUCATION
• Art. 35: STATE EDUCATIONAL INSTITUTIONS:
• Ch. 6: Revenue Bonds; Vincennes University

Text

The bonds and coupons pertaining to the
bonds shall be executed in the corporate name by the manual or
facsimile signatures of the officer or officers of Vincennes University
that the board of trustees designates. The signature of at least one (1)
designated officer on each bond must be a manual signature. The seal
or a facsimile of Vincennes University must be affixed, imprinted,
engraved, or otherwise reproduced on each bond. In case any officer
whose manual or facsimile signature appears on any bond or coupon
ceases to be a designated officer before the delivery of the bonds, the
signature is valid and sufficient for all purposes as if the officer had
remained in office until delivery. The resolution or trust agreement
under which the bonds are issued may provide for the authentication of
the bonds by the trustee designated in the resolution of trust agreement.
[Pre-2007 Higher Education Recodification Citation:
23-13-18-18.]

Legislative History

As added by P.L.2-2007, SEC.276.