(a) The bonds or notes of the IFA:(1) shall be executed by the manual or facsimile signature of the chairperson or vice chairperson of the IFA;(2) shall be attested by the manual or facsimile signature of the public finance director for the IFA;(3) shall be imprinted or impressed with the seal of the IFA by any means;(4) may be authenticated by a trustee, registrar, or paying agent; and(5) constitute valid and binding obligations of the IFA, even if the chairperson, vice chairperson, or public finance director whose manual or facsimile signature appears on the bonds or notes no longer holds that office.(b) The bonds or notes of the NWIRDA:(1) shall be executed by the manual or facsimile signature of the chairperson or vice chairperson of the NWIRDA;(2) shall be attested by the manual or facsimile signature of the secretary-treasurer of the NWIRDA;(3) may be authenticated by a trustee, registrar, or paying agent; and(4) constitute valid and binding obligations of the NWIRDA, even if the chairperson, vice chairperson, or secretary-treasurer whose manual or facsimile signature appears on the bonds or notes no longer holds that office.As added by P.L.189-2018, SEC.26.
Indiana Legal Code