Any bonds, notes or other obligations for the payment of money by any municipality or town may bear the facsimile of any signature, seal or other means of execution, authentication, certification or endorsement required or permitted to be recorded thereon, except that either the signature required to be placed thereon pursuant to section 7-373 shall be manually subscribed or the provisions of section 42b-4 shall apply in the case of registered public obligations.
(1957, P.A. 95; P.A. 77-374, S. 4; P.A. 83-519, S. 22, 23.)
History: P.A. 77-374 deleted phrase requiring at least one signature to be manually subscribed and required that the signature “placed thereon pursuant to section 3-373” be manually subscribed; P.A. 83-519 provided that as an alternative to the manual signature of an officer or official of the bank acting as certifying agent required on any bond or note under Sec. 7-373, the manual signature required in the case of a registered public obligation may be that of such authorized officer, certifying agent, transfer agent or other person allowed under Sec. 42b-4.
See Sec. 42b-1 for definitions re registered public obligations.
See Sec. 42b-11 re effect of chapter 748 with respect to registered public obligations issued on or after July 7, 1983.
See Sec. 42b-12 for requirement that this section and chapter 748 be construed in conjunction with the Uniform Commercial Code.
See Sec. 42b-14 re severability of provisions relating to registered public obligations.
Cited. 231 C. 602.
Structure Connecticut General Statutes
Chapter 109 - Municipal Bond Issues
Section 7-369. - Authority to issue bonds.
Section 7-369a. - Issuance of bonds subject to federal income taxes.
Section 7-370. - Manner of issuance.
Section 7-370a. - Interest rate not limited.
Section 7-370b. - Authority to establish credit facilities.
Section 7-371. - Form of bonds.
Section 7-371a. - Sale of municipal bonds by negotiation. Consolidated maturity schedule.
Section 7-372. - Issuing of bonds by beach associations and similar subdivisions.
Section 7-373. - Banks to certify municipal bonds. Disbursing agent.
Section 7-374. - Bonded indebtedness of municipalities.
Section 7-374a. - Prior debt limitation not reduced.
Section 7-374c. - Municipal pension deficit funding bonds.
Section 7-375. - Inconsistent special act provisions.
Section 7-376. - Redemption of outstanding bonds.
Section 7-377. - Redemption of bonds before maturity.
Section 7-377a. - Destruction of bonds and notes after payment or transfer of ownership.
Section 7-378. - Anticipation notes.
Section 7-378a. - Renewal of temporary notes.
Section 7-378c. - Effective date of Secs. 7-378a and 7-378b.
Section 7-378d. - Appropriations for retirement of notes on school projects. Net cost of project.
Section 7-378e. - Extended time for renewal of temporary notes.
Section 7-379. - Issuance of bonds and notes for dire emergencies.
Section 7-380. - Facsimile signatures. Manual signature requirements.
Section 7-380b. - Issuance of bonds, notes or other obligations authorized before June 23, 1993.