Connecticut General Statutes
Chapter 109 - Municipal Bond Issues
Section 7-380. - Facsimile signatures. Manual signature requirements.

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

Connecticut General Statutes

Title 7 - Municipalities

Chapter 109 - Municipal Bond Issues

Section 7-369. - Authority to issue bonds.

Section 7-369a. - Issuance of bonds subject to federal income taxes.

Section 7-369b. - Representations and agreements to ensure desired federal income tax treatment of municipal debt obligations.

Section 7-370. - Manner of issuance.

Section 7-370a. - Interest rate not limited.

Section 7-370b. - Authority to establish credit facilities.

Section 7-370c. - Authority to issue refunding bonds for payment, funding or refunding of bonds, notes or other obligations previously issued.

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 7-374b. - Issuance of debt obligations for funding of judgments, property or casualty losses and costs of municipal projects to abate deleterious conditions re residential building concrete foundations.

Section 7-374c. - Municipal pension deficit funding bonds.

Section 7-374d. - Municipal issue of pension deficit funding bonds or temporary notes in anticipation of receipt of proceeds.

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 7-378b. - Temporary notes re bonds for sewer project with commitment for state or federal grant.

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 7-378f. - Renewal of temporary notes to finance sewers in town without an operating system connected to treatment plant.

Section 7-378g. - Renewal of temporary notes issued by town to finance water filtration, supply or distribution facilities, a resources recovery facility or an incinerator.

Section 7-379. - Issuance of bonds and notes for dire emergencies.

Section 7-380. - Facsimile signatures. Manual signature requirements.

Section 7-380a. - Assumption of liability by municipality for employees providing information pertaining to issuance of bonds or notes.

Section 7-380b. - Issuance of bonds, notes or other obligations authorized before June 23, 1993.

Section 7-380c. - Maturity date for bonds issued for water, waste or community facilities. Maturity date for bonds issued for school building projects.