§ 45-33-10. Continuing validity of signatures — Negotiability of bonds.
In case any of the members or officers of the agency whose signatures appear on any bonds or coupons cease to be members or officers before the delivery of the bonds, their signatures are, nevertheless, valid and sufficient for all purposes, the same as if they had remained in office until delivery. Any provision of any law to the contrary notwithstanding, any bonds issued pursuant to chapters 31 — 33 of this title are fully negotiable.
History of Section.P.L. 1956, ch. 3654, § 79; G.L. 1956, § 45-33-10.
Structure Rhode Island General Laws
Chapter 45-33 - Redevelopment Financing
Section 45-33-1. - Establishment of revolving fund.
Section 45-33-2. - Bonds of city or town.
Section 45-33-3. - Abolition of revolving fund.
Section 45-33-4. - Appropriations, borrowing, and loans by cities and towns.
Section 45-33-5. - Power to issue bonds — Revenue and mortgage bonds.
Section 45-33-6. - Restrictions on liability on bonds.
Section 45-33-7. - Terms and form of bonds.
Section 45-33-8. - Terms and covenants permissible in bonds.
Section 45-33-10. - Continuing validity of signatures — Negotiability of bonds.
Section 45-33-11. - Recitals as to purpose of bonds.
Section 45-33-12. - Remedies of obligees.
Section 45-33-13. - Additional remedies conferrable on obligees.
Section 45-33-14. - Tax exemption of bonds.
Section 45-33-15. - Bonds as legal investments.
Section 45-33-16. - Financial assistance by other public agencies.