Section 37-145-57 - Validity and sufficiency of signatures upon bonds

In the event that any of the members or officers of the board of directors of the company shall cease to be members or officers of the board prior to the delivery of any bonds signed by them, their signatures or facsimiles thereof shall nevertheless be valid and sufficient for all purposes, the same as if such members or officers had remained in office until such delivery.Laws, 1992, ch. 475, § 29, eff. 5/6/1992.