The notes of the authority shall be executed by the manual or facsimile signature of either its president or its treasurer, as shall be provided in the resolution under which such securities shall be issued, and the seal of the authority or a facsimile thereof shall be affixed to any instruments so issued and attested by the manual or facsimile signature of its secretary; provided, that if such are executed entirely by facsimile, the notes shall be authenticated by the manual signature of the trustee, registrar or paying agent if any. If, after any of the notes shall be so signed, whether manually or by facsimile, any such officer shall for any reason vacate his said office, the notes so signed may nevertheless be redeemed at any time thereafter as the act and deed of the authority.
Structure Code of Alabama
Article 13 - Real Estate Commission Building Authority.
Section 41-10-420 - Legislative Intent.
Section 41-10-421 - Real Estate Commission Building Authority Established; Composition; Powers.
Section 41-10-422 - Commission to Become Public Corporation.
Section 41-10-423 - Certificate of Incorporation.
Section 41-10-424 - Board of Directors.
Section 41-10-425 - Powers of the Authority.
Section 41-10-426 - Notes of the Authority.
Section 41-10-429 - Properties, etc., Forever Exempt From Any and All Taxation.
Section 41-10-430 - Contracts and Obligations Not Debts of State.