§47-9  Form and execution of bonds. 
(a)  All bonds issued under this chapter shall be lithographed or steel
engraved, shall bear the manual signature of the director of finance or the
deputy director of finance of the county, shall bear the manual or lithographed
or engraved facsimile signature of the mayor of the county and shall be sealed
with the seal or lithographed or engraved facsimile seal of the county.  In
addition, fully registered bonds may be authenticated with the manual signature
of the registrar, if any, thereunto duly appointed by the governing body or the
director of finance.  Notwithstanding the preceding provisions of this section,
the governing body or the director of finance may provide that bonds issued
under this chapter may be typewritten, printed, or otherwise reproduced. 
Interest coupons shall bear a lithographed or engraved facsimile of the
signature of the director of finance or the deputy director of finance of the
county.  Pending the preparation of the definitive bonds, interim receipts or
certificates in such form and with such provisions as the director of finance
may determine may be issued to the purchaser or purchasers of bonds sold
pursuant to this chapter.



(b)  When bonds of the county are prepared and
signed by the director of finance or the deputy director of finance and by the
mayor in office at the time of the signing or lithographing or engraving of a
facsimile signature upon the bonds, the signatures of the director of finance
or deputy director of finance and mayor shall be valid and sufficient for all
purposes, and shall have the same effect as if the persons so officially
signing the bonds or whose facsimile signature appears thereon had remained in
office until the delivery of the same to the initial purchasers thereof, and in
the case of fully registered bonds, upon any exchange or transfer between
subsequent holders thereof, notwithstanding the term of office of the persons
or either of them may have expired or they may otherwise have ceased to be the
officers before delivery, exchange, or transfer.  If the governing body or
director of finance has designated a registrar for fully registered bonds, the
governing body or director of finance may provide that no fully registered bond
shall be valid or obligatory for any purpose unless certified or authenticated
by the registrar.  If the governing body or director of finance shall have
designated a registrar as aforesaid, then notwithstanding subsection (a), all
signatures of the officers of the county upon the fully registered bonds may be
facsimiles of the signatures, and the fully registered bonds shall be valid and
sufficient only if certified or authenticated as aforesaid by the manual
signature of an authorized officer or signatory of the registrar.  Any law to
the contrary notwithstanding, if blanks of fully registered bonds are held by a
registrar pending exchange or transfer for other fully registered bonds of the
same series, then upon delivery of bonds in an exchange or transfer, the bonds
shall be valid and sufficient for all purposes notwithstanding that the
signature of the director of finance or the mayor appearing thereon shall be
that of the person in office at the time of initial delivery of the series of
bonds of which the bond is one or at the time of such exchange or transfer. [L
1989, c 80, pt of §2]