§39-56 - Form and execution of revenue bonds.
§39-56 Form and execution of revenuebonds. Revenue bonds issued pursuant to this part shall be in such form asthe department head or governing body may determine; shall be lithographed orengraved; shall be manually signed by the department head or a deputydepartment head designated by the department head; shall be sealed with theseal or a lithographed or engraved facsimile of the seal of the department; andshall be countersigned with a lithographed or engraved facsimile of thesignature of the director of finance. In addition, fully registered revenuebonds may be authenticated with the manual signature of the registrar, if any,thereunto duly appointed by the director of finance. Notwithstanding thepreceding provisions of this section, the department head or a deputydepartment head designated by the department head, with the approval of thegovernor, may provide that revenue bonds issued pursuant to this part may betypewritten, printed, or otherwise reproduced, and that the signature of the directorof finance upon the revenue bonds may be the director of finance's manualsignature. The coupons pertaining to the revenue bonds shall be executed withthe lithographed or engraved facsimile signatures of the department head andthe director of finance. In the case of a department having a governing body,for purposes of this section, the member who is the presiding officer or, ifauthorized by the governing body, the executive director or other officer ofthe board, commission, agency, authority or public corporation,instrumentality, or other body shall be deemed the department head. Pendingthe preparation of the definitive revenue bonds, interim receipts orcertificates in such form and with such provisions as the department head orgoverning body may decide upon, may be issued to the purchaser or purchasers ofrevenue bonds sold pursuant to this part. [L 1988, c 28, pt of §3]