Sec. 42b-5. Signature of authorized officer on certificates. Continuing validity.
Sec. 42b-5. Signature of authorized officer on certificates. Continuing validity. (a) Any certificated registered public obligation signed by the authorized officers
at the time of the signing thereof shall remain valid and binding, notwithstanding that
before the issuance thereof any or all of such officers shall have ceased to fill their
respective offices.
(b) Any authorized officer empowered to sign any certificated registered public
obligation may adopt as and for the signature of such officer the signature of a predecessor in office in the event that such predecessor's signature appears on such certificated
registered public obligation. An authorized officer incurs no liability by adoption of a
predecessor's signature that would not be incurred by such authorized officer if the
signature were that of such authorized officer.
(P.A. 83-519, S. 5, 23.)