(a) Obligations shall be executed by the manual or facsimile signature of the Chair of the Board of Directors of the Arkansas Student Loan Authority and the manual or facsimile signature of the Director of the Arkansas Student Loan Authority or any other director or officer authorized to do so by resolution of the board.
(b) In case any of the officers whose signatures appear on the obligations or coupons shall cease to be such officers before the delivery of such obligations or coupons, their signatures nevertheless shall be valid and sufficient for all purposes.
(c) The authority shall adopt and use a seal in the execution and issuance of obligations, and each obligation shall be impressed or imprinted with the seal of the authority or a facsimile thereof.
Section: Previous 6-81-102 6-81-104 6-81-106 6-81-107 6-81-108 6-81-109 6-81-110 6-81-111 6-81-112 6-81-113 6-81-114 6-81-115 6-81-116 6-81-118 6-81-119 NextLast modified: November 15, 2016