Rhode Island § 45-33-10 § 45-33-10. Continuing validity of signatures — Negotiability of bonds.

Rhode Island Statutes

§ 45-33-10 — § 45-33-10. Continuing validity of signatures — Negotiability of bonds.

Rhode Island·Title 45 Towns and cities·Ch. 45-33 Redevelopment Financing

§ 45-33-10. Continuing validity of signatures — Negotiability of bonds.
In case any of the members or officers of the agency whose signatures appear on any
            bonds or coupons cease to be members or officers before the delivery of the bonds,
            their signatures are, nevertheless, valid and sufficient for all purposes, the same
            as if they had remained in office until delivery. Any provision of any law to the
            contrary notwithstanding, any bonds issued pursuant to chapters 31 — 33 of this title
            are fully negotiable.
         

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§ 45-33-10. Continuing validity of signatures — Negotiability of bonds.

In case any of the members or officers of the agency whose signatures appear on any bonds or coupons cease to be members or officers before the delivery of the bonds, their signatures are, nevertheless, valid and sufficient for all purposes, the same as if they had remained in office until delivery. Any provision of any law to the contrary notwithstanding, any bonds issued pursuant to chapters 31 — 33 of this title are fully negotiable.

Rhode Island § 45-33-10 (§ 45-33-10. Continuing validity of signatures — Negotiability of bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.