§10-28  Validity of bonds.  Revenue
bonds issued under this part shall bear the manual signatures of the
chairperson of the board and the administrator, and shall be sealed with the
seal of the board or in lieu thereof shall bear a lithographed or engraved
facsimile of such seal.  If the board designates a registrar other than itself
for the revenue bonds, the resolution authorizing the revenue bonds may provide
that none of the revenue bonds shall be valid or obligatory for any purpose
unless authenticated by the registrar.  If the resolution so provides, then all
signatures of the board upon the revenue bonds may be facsimiles of the
signatures, and the revenue bonds shall be valid and obligatory only if
authenticated by the manual signature of an authorized officer or signatory of
the registrar.  Revenue bonds bearing the signature of officers in office at
the date of the signing thereof shall be valid and binding obligations,
notwithstanding that before the delivery thereof and payment therefor any or all
of the persons whose signatures appear thereon shall have ceased to be
officers.  The validity of the bonds shall not be dependent on nor affected by
the validity or regularity of any proceedings relating to the construction or
maintenance of the office project or projects for which the bonds were issued. 
The resolution authorizing the issuance of revenue bonds may provide that the
bonds shall contain a recital that they are issued pursuant to this part, which
recital shall be conclusive evidence of their validity and of the regularity of
their issuance. [L 1994, c 283, pt of §2(2); am L 2009, c 146, §7]