Section 2-6-29 Execution of bonds. - Alabama Statutes

Section 2-6-29

Execution of bonds.

All bonds of the corporation shall be signed by its president or vice-president, and the seal of the corporation shall be affixed thereto and attested by its secretary. Any interest coupons evidencing installments of interest payable with respect to the bonds of the corporation shall be signed by its president or vice-president, but a facsimile of the signature of the president or vice-president may be impressed on any such interest coupons in lieu of his manually signing the same. Delivery of bonds so executed shall be valid notwithstanding any changes in officers or in the seal of the corporation after the signing and sealing of the bonds.

(Acts 1951, No. 532, p. 934, §11.)