(a)
(1)
(A) The bonds shall be executed by the manual or facsimile signature of the chairman of the board and by the manual signature of the secretary of the board.
(B) The coupons attached to the bonds shall be executed by the facsimile signature of the chairman.
(2) In case any of the officers whose signatures appear on the bonds or coupons shall cease to be such officers before the delivery of the bonds or coupons, their signatures shall, nevertheless, be valid and sufficient for all purposes.
(b) The district shall adopt and use a seal in the execution and issuance of the bonds. Each bond shall be sealed with the seal of the district.
Structure Arkansas Code
Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities
Chapter 184 - Central Business Improvement Districts
Subchapter 2 - Financing of Improvements
§ 14-184-201. Legislative determinations
§ 14-184-204. Provisions supplemental
§ 14-184-205. Revenue bonds authorized
§ 14-184-206. Loans to property owners
§ 14-184-207. Providing of funds
§ 14-184-208. Bonds — Authorizing resolution
§ 14-184-209. Bonds — Terms and conditions
§ 14-184-210. Bonds — Trust indenture
§ 14-184-212. Bonds, coupons — Execution — Seal
§ 14-184-213. Bonds — Conversion
§ 14-184-215. Obligation on bonds