§ 5-1-3-2 — Facsimile or electronic signature

Indiana § 5-1-3-2

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 1: BONDS AND OTHER OBLIGATIONS
• Ch. 3: Facsimile Signatures on Obligations

Text

(a) Whenever any existing statute requires the
manual execution, attesting or authentication of any obligation issued
by any public entity named in IC 5-1-1-1 by one (1) or more officials
or persons, facsimile signatures or electronic signatures of the officials
or persons may be used instead of and with the same force and effect
as manually executing the obligations, including the signature of the
officials or persons or of any trustee, paying agent, registrar,
co-registrar, transfer agent, or other fiduciary charged with
authenticating the obligations.
(b) Any obligation executed by the facsimile signature or electronic
signature of officials or persons is valid and binding, if the officials or
persons satisfied the provisions of the statute under which the
obligation is issued on the date that the signature was printed on the
obligation, even if the obligation is delivered after the official or person
whose facsimile signature or electronic signature appears thereon no
longer satisfies the provisions of the statute.
Formerly: Acts 1971, P.L.40, SEC.1. As amended by
P.L.44-1983, SEC.2; P.L.88-2021, SEC.2.