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AG 2004 03 15
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AG 2004 03 15
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Last modified
3/9/2006 9:19:10 PM
Creation date
11/27/2017 11:37:27 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
3/15/2004
Board
Board of Commissioners
Meeting Type
Regular
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Unless indicated otherwise, the provisions of this resolution that follow shall apply to all <br />Bonds issued or issuable hereunder, whether initially or in replacement thereof. <br /> <br /> Section 5. The Bonds shall be executed with the manual or facsimile signatures of the <br />Chairman or Vice Chairman of the Board and the Clerk to the Board, and the seal or a facsimile <br />of the seal of the Issuer shall be impressed or imprinted, as the case may be, on the Bonds. <br /> <br /> The certificate of the Local Government Commission of North Carolina shall be endorsed <br />on all Bonds and shall bear the manual or facsimile signature of the Secretary of said <br />Commission or on behalf of the Secretary by a Designated Assistant and the certificate of <br />authentication of the Bond Registrar to be endorsed on all Bonds shall be executed as provided <br />hereinafter. <br /> <br /> In case any officer of the Issuer or the Local Government Commission of North Carolina <br />whose manual or facsimile signature shall appear on any Bonds shall cease to be such officer <br />before the delivery of such Bonds, such manual or facsimile signature shall nevertheless be valid <br />and sufficient for all purposes the same as if such officer had remained in office until such <br />delivery, and any Bond may bear the manual or facsimile signatures of such persons as at the <br />actual time of the execution of such Bond shall be the proper officers to sign such Bond although <br />at the date of such Bond such persons may not have been such officers. <br /> <br /> No Bond shall be valid or become obligatory for any purpose or be entitled to any benefit <br />or security under this resolution until it shall have been authenticated by the execution by the <br />Bond Registrar of the certificate of authentication endorsed thereon. <br /> <br /> Section 6. The Bonds and the endorsements thereon shall be in substantially the <br />following form: <br /> <br />[Bond form begins on next page] <br /> <br /> <br />
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