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14-138-116. Execution of bonds.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-138-116. Execution of bonds.
(a) Bonds shall be executed by the manual or facsimile signature of the chairman of the corporation and by the manual signature of the secretary of the corporation.
(b) Coupons attached to the bonds shall be executed by the facsimile signature of the chairman of the corporation.
(c) In case any of the officers whose signatures appear on the bonds or coupons shall cease to be such officer before the delivery of the bonds or coupons, their signatures shall nevertheless be valid and sufficient for all purposes.
(d) The bonds shall be sealed with the seal of the corporation.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-138-116
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Stable record: arkansas_code:legal_authorities:14-138-116
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 819c1b1469fd50c22a2ba6e5d24a25d8d9cadc3aa3ba359248b25f5294b35f9c
Source location: content.xml paragraph 34862
Stored source content
14-138-116. Execution of bonds.
(a) Bonds shall be executed by the manual or facsimile signature of the chairman of the corporation and by the manual signature of the secretary of the corporation.
(b) Coupons attached to the bonds shall be executed by the facsimile signature of the chairman of the corporation.
(c) In case any of the officers whose signatures appear on the bonds or coupons shall cease to be such officer before the delivery of the bonds or coupons, their signatures shall nevertheless be valid and sufficient for all purposes.
(d) The bonds shall be sealed with the seal of the corporation.
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