§ 16-5-111 — Signing, countersigning, execution or attestation of securities or interest coupons; facsimile seals and signatures

Any refunding public security or interest coupon may be signed,
countersigned, executed or attested by the public officials who
are authorized by law at the time of the issuance of the
refunding public securities to sign, countersign, execute or
attest public securities of the issuer of the same general
character as those public securities and coupons which are being
refunded. In the alternative, the governing body may, in its
discretion, designate appropriate public officials to sign,
countersign, execute or attest any refunding public security or
appurtenant coupon. Any officer so authorized may utilize a
facsimile signature in lieu of his manual signature in the
manner provided by law, provided that compliance with any law
other than this act is not a condition of execution with a
facsimile signature of any interest coupon. The clerk may cause
the seal or a facsimile of the seal of the issuer to be printed,
stamped or otherwise placed on any refunding public security.
The facsimile seal shall have the same legal effect as the
impression of the seal. Refunding public securities and any
coupons bearing the signatures of officers in office on the date
of the signing shall be valid and binding obligations of the
issuer, notwithstanding that before the delivery and payment any
or all persons whose signatures appear have ceased to fill their
respective offices. Any officer authorized to sign, countersign,
execute or attest any refunding public security or interest
coupon, at the time of its execution or of the execution of a
signature certificate, may adopt for his facsimile signature the
facsimile signature of his predecessor in office in the event
the facsimile signature appears upon the refunding public
security or coupons, or upon both the public security and
coupons.