In case any officer whose signature shall appear on any bonds or whose facsimile signature shall appear on any coupon shall cease to be such officer before the delivery of such bonds, such signature shall nevertheless be valid and sufficient for all purposes the same as if he had remained in office until such delivery. All such bonds shall be signed by the chairman of the authority, and the official seal of the authority shall be affixed thereto and attested by the secretary of the authority; and any coupons attached thereto shall bear the signature or facsimile signature of the chairman of the authority. Any coupon may bear the facsimile signature of such person, and any bond may be signed, sealed, and attested on behalf of the authority by such persons, as at the actual time of the execution of such bonds shall be duly authorized to so sign, seal, or attest or shall hold the proper office, although at the date of such bonds such persons may not have been so authorized or shall not have held such office.
History. Ga. L. 1950, p. 152, § 17; Ga. L. 1952, p. 276, § 4; Ga. L. 1960, p. 89, § 1.
Structure Georgia Code
Title 12 - Conservation and Natural Resources
Chapter 3 - Parks, Historic Areas, Memorials, and Recreation
Article 7 - Public Authorities
Part 1 - Jekyll Island—state Park Authority
§ 12-3-235. Powers of Authority Generally
§ 12-3-236. Exercise of Police Power of Authority; Delegation of Power to State or County
§ 12-3-236.2. Continuation of Ordinances and Resolutions of Authority in Force as of April 13, 1981
§ 12-3-237. Rules and Regulations for Operation of Projects Authorized
§ 12-3-238. Easements and Rights of Way for Intracoastal Waterway
§ 12-3-239. Establishment of Museum
§ 12-3-240. Transfer of Funds to Authority; Cooperation Between Authority and Department
§ 12-3-242. Lease Payments by Authority as Constituting Good, Valuable, and Sufficient Consideration
§ 12-3-243.1. Master Plan as to Jekyll Island; Maintenance; Contents; Adherence to Plan; Amendments
§ 12-3-254. Revenue Bonds — Signatures; Seal
§ 12-3-255. Revenue Bonds — Status as Negotiable Instruments
§ 12-3-256. Revenue Bonds — Manner of Sale; Determination of Price
§ 12-3-258. Revenue Bonds — Issuance of Interim Receipts, Interim Certificates, and Temporary Bonds
§ 12-3-259. Revenue Bonds — Replacement of Mutilated, Destroyed, or Lost Bonds
§ 12-3-262. Revenue Bonds — Securing by Trust Indenture
§ 12-3-263. Revenue Bonds — Payment of Proceeds to Trustee
§ 12-3-265. Revenue Bonds — Remedies of Bondholders, Coupon Holders, and Trustees
§ 12-3-266. Revenue Bonds — Revenue Refunding Bonds
§ 12-3-267. Revenue Bonds — Status as Legal Investment and as Securities for Deposits
§ 12-3-269. Revenue Bonds — Validation
§ 12-3-271. Utilization of Income and Revenues
§ 12-3-272. Acceptance by Authority of Grants and Contributions
§ 12-3-273. Moneys Received by Authority as Constituting Trust Funds
§ 12-3-274. Authority Property, Activities, Income, and Bonds Exempt From Taxation and Assessment
§ 12-3-275. Venue and Jurisdiction for Actions Under Part