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 or 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. 1951, p. 241, § 7.
Structure Georgia Code
Chapter 2 - Elementary and Secondary Education
Article 11 - Public School Property and Facilities
Part 3 - Georgia Education Authority (Schools)
§ 20-2-551. Definitions; When Project Deemed Self-Liquidating
§ 20-2-553. Powers of Authority
§ 20-2-555. Authority to Issue Revenue Bonds; Terms
§ 20-2-556. Form of Bonds; Denominations; Place of Payment; Registration
§ 20-2-557. Signing, Sealing, and Attesting Bonds
§ 20-2-559. Manner of Sale and Price of Bonds
§ 20-2-560. Use of Bond Proceeds; Additional Bonds
§ 20-2-561. Issuance of Interim Receipts or Certificates or Temporary Bonds
§ 20-2-562. Replacement of Mutilated, Destroyed, or Lost Bonds
§ 20-2-566. Trustee for Bond Proceeds
§ 20-2-568. Remedies of Bondholders, Receivers, or Indenture Trustees
§ 20-2-570. Bonds Legal Investments; Depositing Bonds
§ 20-2-571. Tax Exemption of Authority’s Property, Activities, Charges, and Bonds
§ 20-2-572. Procedure for Validating Bonds
§ 20-2-573. Venue and Jurisdiction of Actions to Enforce Rights or Validate Bonds
§ 20-2-574. Interests of Bondholders Protected
§ 20-2-575. Acceptance of Grants and Contributions From Federal and Other Sources
§ 20-2-576. Moneys Received Deemed Trust Funds
§ 20-2-577. Fixing Rentals, Installment Payments, and Charges for Use of Projects
§ 20-2-579. Rules and Regulations for Operation of Projects
§ 20-2-580. Power to Issue Revenue Bonds Not Affected