In case any of the commissioners or officers of the authority whose signatures appear on any bonds or coupons shall cease to be such commissioners or officers before the delivery of such bonds, such signatures shall nevertheless be valid and sufficient for all purposes, the same as if they had remained in office until such delivery. Any law to the contrary notwithstanding, any bonds issued pursuant to this article shall be fully negotiable.
History. Ga. L. 1937, p. 210, § 15.
Structure Georgia Code
Title 8 - Buildings and Housing
Article 1 - Housing Authorities
Part 4 - Obligations on Bonds and Leases
§ 8-3-70. Bonds — Power of Authorities to Issue Bonds; Types of Bonds; Security for Bonds
§ 8-3-73. Bonds — Form; Terms; Rate of Interest
§ 8-3-74. Bonds — Public Sale of Bonds; Exceptions
§ 8-3-75. Bonds — Validity of Signatures; Negotiability
§ 8-3-76. Bonds — Effect of Recital of Purpose on Face of Bond
§ 8-3-77. Powers of Authorities as to Securing Payment of Bonds and Lease Obligations
§ 8-3-78. Remedies of Obligee of an Authority Generally
§ 8-3-79. Additional Remedies Conferrable on Obligee by an Authority
§ 8-3-81. Bonds and Other Obligations of Authorities as Legal Investments