(a) (1) Any bond issued under this subtitle that bears the signatures of the officers in office on the date the bond is signed is a valid and binding obligation notwithstanding that: (i) At the time of delivery of or payment for the bond, any or all of the signers are no longer officers of the municipality; or (ii) Any proceeding that relates to the development of the sewerage facility for which the bond is issued is invalid or irregular. (2) A signature may be by facsimile as provided in § 2-303 of the State Finance and Procurement Article. (b) A recital in the bond that the bond is issued under this subtitle is conclusive evidence of: (1) The validity of the bond; and (2) The regularity of the issuance of the bond.
Maryland Legal Code