All bonds shall be signed by the chair or vice-chair and the secretary or treasurer of the authority and the seal of the authority shall be affixed. A facsimile of the signature of one, but not both, of the officers whose signatures will appear on the bonds may be imprinted or otherwise reproduced on the bond in lieu of his or her manually signing. A facsimile of the seal of the authority may be imprinted or otherwise reproduced on the bonds in lieu of being manually affixed. Coupons shall be signed by the chair or vice-chair and the secretary or treasurer of the authority. A facsimile of the signature of the chair or vice-chair and the secretary or treasurer may be impressed or otherwise reproduced on any interest coupon in lieu of their manually signing. Delivery of executed bonds shall be valid notwithstanding any changes in officers or in the seal of the authority after the signing and sealing of the bonds.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 2 - Provisions Applicable to Municipal Corporations Only.
Chapter 61A - Municipal Parking Authority.
Section 11-61A-1 - Declarations.
Section 11-61A-2 - Definitions.
Section 11-61A-3 - Application for Permission to Incorporate.
Section 11-61A-4 - Certificate of Incorporation.
Section 11-61A-5 - Attachments to Certificate.
Section 11-61A-6 - Changes and Amendments.
Section 11-61A-7 - Board of Directors.
Section 11-61A-10 - Operation of the Facility.
Section 11-61A-12 - Permitted Activities.
Section 11-61A-14 - Signature on Bonds.
Section 11-61A-15 - Issuance of Bonds.
Section 11-61A-16 - Proceeds From Sale of Bonds.
Section 11-61A-17 - Refunding Bonds.
Section 11-61A-18 - Tax Exemption.
Section 11-61A-19 - Investment by Governing Body.
Section 11-61A-20 - Bonds Deemed Legal Investment.
Section 11-61A-21 - Publication of Notice.
Section 11-61A-22 - Advertising and Award Laws Are Applicable.