§ 16-5-408 — Signing, countersigning, execution or attestation of notes; facsimile seals and signatures

Wyoming § 16-5-408

• Jurisdiction: Wyoming
• Title 16: City, County, State and Local Powers
• Ch. 5: PUBLIC SECURITIES
• Art. 4: BOND ANTICIPATION NOTES

Text

Any anticipation notes or interest coupon may be signed,
countersigned, executed or attested by the public official or
officials who are authorized by law at the time of the issuance
of the anticipation notes to sign, countersign, execute or
attest bonds or interest coupons of the issuer of the same
general character as those bonds in anticipation of which the
notes are being issued. In the alternative, the governing body
may designate appropriate public officials to sign, countersign,
execute or attest any anticipation note or appurtenant coupon,
if any. Any officer so authorized or designated 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 facsimile seal
shall have the same legal effect as the impression of the seal.
Anticipation notes and any coupons bearing the signatures of
officers in office on the date of the signing thereof shall be
valid and binding obligations of the issuer, notwithstanding
that before the delivery thereof and payment therefor any or all
persons whose signatures appear thereon have ceased to fill
their respective offices. Any officer of the issuer authorized
or designated to sign, countersign, execute or attest any
anticipation note or interest coupon, at the time of its
execution or of the execution of a signature certificate, may
adopt as and for his or her facsimile signature the facsimile
signature of his or her predecessor in office in the event that
such facsimile signature appears upon the anticipation note or
coupons appertaining thereto, or upon both the anticipation
notes and such coupons, after their delivery for value.