South Dakota § 11-7-98 Validity of signatures on bonds--Negotiable investment securities.

South Dakota Statutes

§ 11-7-98 — Validity of signatures on bonds--Negotiable investment securities.

South Dakota·Title 11 PLANNING, ZONING AND HOUSING PROGRAMS·Ch. 11-7 COUNTY AND MUNICIPAL HOUSING AND REDEVELOPMENT

If any of the commissioners or officers of the commission whose signatures appear on any bonds or coupons cease to be commissioners or officers before the delivery of the bonds, their signatures shall be valid for all purposes. Any provision of any law to the contrary notwithstanding, any bonds issued pursuant to this chapter shall be negotiable investment securities within the meaning of chapter 57A-8 .

Free access — add to your briefcase to read the full text and ask questions with AI

If any of the commissioners or officers of the commission whose signatures appear on any bonds or coupons cease to be commissioners or officers before the delivery of the bonds, their signatures shall be valid for all purposes. Any provision of any law to the contrary notwithstanding, any bonds issued pursuant to this chapter shall be negotiable investment securities within the meaning of chapter 57A-8 .

South Dakota § 11-7-98 (Validity of signatures on bonds--Negotiable investment securities.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.