§ 21-17-418 — Board and officers to execute securities; endorsement by university treasurer; facsimile signatures

(a) Bonds and other securities issued under this act shall
be executed in the name of the board, shall be signed by the
chairman of the board, shall be attested by the secretary of the
board, shall be countersigned by the treasurer of the board and
shall be authenticated by the official seal of the board.
(b) The treasurer of the university shall endorse a
certificate upon each bond or other security issued under this
act that the bond or security is issued pursuant and according
to law, does not exceed any lawful debt limit of the board and
does not constitute an indebtedness within the meaning of any
constitutional or statutory provision or limitation.
(c) Any bonds or other securities, including without
limitation any certificates endorsed thereon, may be executed as
provided in W.S. 16-2-101 through 16-2-103.
(d) The bonds and other securities, bearing the signatures
of the officers in office at the time of the signing thereof,
are the valid and binding obligations of the board
notwithstanding that before the delivery and payment of the
bonds or securities, any or all of the persons whose signatures
appear thereon have ceased to fill their respective offices.
(e) Any officer authorized or permitted to sign any bonds
or any other securities, at the time of their execution and of a
signature certificate appertaining thereto, may adopt as and for
his own facsimile signature the facsimile signature of his
predecessor in office in the event that the facsimile signature
appears upon the bonds and other securities appertaining
thereto, or any combination thereof.