onecle - legal research

Court Opinions

State Laws

US Code

US Constitution

Execution of bonds or notes - 53 Pa. Cons. Stat. § 8146

Legal Research Home > Pennsylvania Statutes



     § 8146.  Execution of bonds or notes.
        Bonds or notes, including tax anticipation notes, shall be
     signed by such officers of the local government unit, and coupon
     bonds shall have attached thereto interest coupons bearing the
     facsimile signature of such officer of the local government
     unit, and the bonds or notes may be sealed with the seal of the
     local government unit or a facsimile thereof, all as may be
     determined by the governing body. Bonds or notes may provide
     that they are not valid or enforceable unless authenticated by a
     specified bank, bank and trust company or trust company. If any
     one signature on a bond or note, including the signature of the
     authenticating party, is manual, all other signatures may be by
     facsimile. If any officer whose signature or a facsimile of
     whose signature appears on any notes, bonds or coupons ceases to
     be such officer before the delivery of the notes or bonds, the
     signature or the facsimile shall nevertheless be valid and
     sufficient for all purposes as if he had remained in office
     until delivery. Any note, bond or coupon may bear the facsimile
     signature of or may be signed by those persons as at the actual
     time of the execution of the note, bond or coupon were the
     proper officers to sign although at the date of the instrument
     these persons may not be such officers.
Section:  Previous  8129  8130  8141  8142  8143  8144  8145  8146  8147  8148  8149  8150  8161  8162  8163  Next

Last modified: November 27, 2007