(a)
(1)
(A) Bonds issued hereunder shall be executed by the manual or facsimile signatures of the mayor and clerk of the municipality.
(B) Any coupons attached to the bonds may be executed by the facsimile signature of the mayor of the municipality.
(2) In case any of the officers whose signatures appear on the bonds or coupons shall cease to be officers before the delivery of the bonds or coupons, their signatures shall, nevertheless, be valid and sufficient for all purposes.
(b) The seal of the municipality shall be placed or printed on each bond in such manner as the governing body of the municipality shall determine.
Structure Arkansas Code
Subtitle 12 - Public Utilities Generally
Chapter 202 - Joint Municipal Electric Power Generation
§ 14-202-103. Authorization to construct and operate project
§ 14-202-104. Contracts to acquire interest in project
§ 14-202-105. Sale of excess capacity
§ 14-202-106. Acquisition of licenses and permits
§ 14-202-107. Contracts to exchange and transmit electric power
§ 14-202-108. Bonds — Issuance generally
§ 14-202-109. Bonds — Terms and conditions
§ 14-202-110. Bonds — Trust indenture
§ 14-202-112. Bonds, coupons — Execution and seal
§ 14-202-113. Bonds — Priority among issues
§ 14-202-114. Bonds — Mortgage lien
§ 14-202-115. Bonds — Default — Receiver
§ 14-202-116. Bonds — Nature of indebtedness
§ 14-202-118. Rates, fees, and charges — Disposition — Pledges
§ 14-202-119. Enforcement of rights under ordinance or trust indenture
§ 14-202-120. Bonds and projects — Tax exemption
§ 14-202-121. Investment of public funds in bonds