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Signatures - 74 Pa. Cons. Stat. § 1718Legal Research Home > Pennsylvania Statutes Sponsored Links
§ 1718. Signatures.
(a) Facsimile signatures.--Whenever the business of the
authority requires the affixing of the signature of any officer
or employee of the authority, the use of a facsimile signature,
when expressly authorized by resolution of the board, shall have
the same force and effect as an original signature.
(b) Signatures of officers ceasing to hold office.--In case
any officer whose signature appears upon any check, draft, bond,
certificate or interest coupon issued under this chapter ceases
to hold office before the delivery thereof to the payee or the
purchaser of any bond or certificate, the officer's signature,
nevertheless, shall be valid and sufficient for all purposes
with the same effect as if he had remained in office until
delivery thereof.
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Last modified: November 27, 2007 |