In case any officer whose signature appears on any bonds or whose facsimile signature appears on any coupons ceases to be such officer before the delivery of the bonds, such signature shall nevertheless be valid and sufficient for all purposes the same as if he had remained in office until the 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-treasurer of the authority and any coupons attached thereto shall bear the 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 the bond such persons may not have been so authorized or shall not have held such office.
History. Ga. L. 1945, p. 464, § 5.
Structure Georgia Code
Title 52 - Waters of the State, Ports, and Watercraft
Chapter 2 - Georgia Ports Authority
§ 52-2-6. Compensation of Members and Reimbursement for Expenses
§ 52-2-8. Eligibility for Membership
§ 52-2-9. Powers of Authority Generally
§ 52-2-12. Funds for Acquisition of Land and Construction of Port Facilities
§ 52-2-16. Revenue Bonds — Form of Bonds; Denominations; Place of Payment of Principal and Interest
§ 52-2-17. Revenue Bonds — Signatures; Seal
§ 52-2-19. Revenue Bonds — Issuance in Coupon, Registered, or Book-Entry Form
§ 52-2-23. Revenue Bonds — Aid by Georgia State Financing and Investment Commission
§ 52-2-25. Revenue Bonds — Securing of Bonds by Trust Indenture
§ 52-2-26. Revenue Bonds — Remedies of Bondholders and Trustee
§ 52-2-27. Revenue Bonds — Protection of Rights of Bondholders
§ 52-2-28. Revenue Bonds — Revenue Refunding Bonds
§ 52-2-29. Revenue Bonds — Status of Bonds as Legal Investments and as Securities for Deposits
§ 52-2-35. Requirement as to Competitive Bidding for Contracts for New Construction