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Section 14-164-212 - Bonds and coupons - Execution — Arkansas Law | CourtGPT
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  4. Title 14 - Local Government (§§ 14-1-101 — 14-387-706)/
  5. Subtitle 10 - Economic Development and Tourism Generally/
  6. Chapter 164 - Industrial Development Bonds Sub/
  7. Subchapter 2 - Municipalities and Counties Industrial Development Revenue Bond Law/
  8. Section 14-164-212 - Bonds and coupons - Execution
Arkansas Legal Code

Section 14-164-212 - Bonds and coupons - Execution

(a)(1)(A) The bonds shall be executed by the mayor and the city clerk or recorder of the municipality, or by the county judge and the county clerk of the county, as the case may be.(B) One (1) signature may be facsimile, but one (1) signature must be manual.(2) The coupons attached to the bonds may be executed by the facsimile signature of the mayor or county judge.(b) In case any of the officers whose signatures appear on the bonds or coupons shall cease to be such officers before the delivery of the bonds or coupons, their signatures shall nevertheless be valid and sufficient for all purposes.Acts 1960 (Ex. Sess.), No. 9, § 5; 1961, No. 48, § 2; 1963, No. 231, § 2; 1968 (1st Ex. Sess.), No. 16, § 1; 1969, No. 121, § 1; 1970 (Ex. Sess.), No. 36, § 1; 1975, No. 221, § 1; 1975 (Extended Sess., 1976), No. 1239, § 2; 1981, No. 4, §§ 2-4; 1981, No. 503, § 2; A.S.A. 1947, § 13-1605.

(a)(1)(A) The bonds shall be executed by the mayor and the city clerk or recorder of the municipality, or by the county judge and the county clerk of the county, as the case may be.(B) One (1) signature may be facsimile, but one (1) signature must be manual.(2) The coupons attached to the bonds may be executed by the facsimile signature of the mayor or county judge.(b) In case any of the officers whose signatures appear on the bonds or coupons shall cease to be such officers before the delivery of the bonds or coupons, their signatures shall nevertheless be valid and sufficient for all purposes.Acts 1960 (Ex. Sess.), No. 9, § 5; 1961, No. 48, § 2; 1963, No. 231, § 2; 1968 (1st Ex. Sess.), No. 16, § 1; 1969, No. 121, § 1; 1970 (Ex. Sess.), No. 36, § 1; 1975, No. 221, § 1; 1975 (Extended Sess., 1976), No. 1239, § 2; 1981, No. 4, §§ 2-4; 1981, No. 503, § 2; A.S.A. 1947, § 13-1605.
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