76.12 - REPRODUCTION AND VALIDITY OF SIGNATURES.
76.12 REPRODUCTION AND VALIDITY OF SIGNATURES.
1. A provision requiring that public bonds or obligations or
certificates of ownership of public bonds or obligations issued by a
public entity be executed or signed by particular public officers
permits the signatures to be affixed by printing or other mechanical
means. However, each instrument shall bear at least one original and
manual signature, which may be the signature of any officer
designated by law to execute the instrument or the signature of a
registrar or trustee authenticating the instrument.
2. Public bonds and obligations are valid and binding if they
bear the signature of the officials in office on the date of
execution of the bonds, notwithstanding that any or all of the
persons whose signatures appear on the public bonds or obligations
have ceased to hold the office before the delivery of the public
bonds or obligations. Reprinted or reissued bonds are valid and
binding if they bear facsimiles of the signatures of either the
public officials who executed the original issue of the bonds or the
officials in office at the time of execution of the reprinted or
reissued bonds. Section History: Recent Form
83 Acts, ch 90, § 4