(a) The bonds shall be executed by the facsimile or manual signature of the Chair of the Arkansas Development Finance Authority and by the facsimile or manual signature of the Secretary of the Arkansas Development Finance Authority.
(b) Interest coupons attached to the bonds shall be executed with the facsimile signature of the chair.
(c) Delivery of the bonds and coupons so executed shall be valid, notwithstanding any change in persons holding such offices occurring after the bonds have been executed.
(d) Temporary notes or bonds conforming generally to the provisions of this subchapter, exchangeable for definitive bonds, may be issued in the discretion of the Arkansas Development Finance Authority.
Section: Previous 15-5-409 15-5-410 15-5-411 15-5-412 15-5-413 15-5-414 15-5-415 15-5-416 15-5-417 15-5-418 15-5-419 15-5-420 15-5-421 15-5-422 NextLast modified: November 15, 2016