§47-9  Form and execution of bonds. (a)  All bonds issued under this chapter shall be lithographed or steelengraved, shall bear the manual signature of the director of finance or thedeputy director of finance of the county, shall bear the manual or lithographedor engraved facsimile signature of the mayor of the county and shall be sealedwith the seal or lithographed or engraved facsimile seal of the county.  Inaddition, fully registered bonds may be authenticated with the manual signatureof the registrar, if any, thereunto duly appointed by the governing body or thedirector of finance.  Notwithstanding the preceding provisions of this section,the governing body or the director of finance may provide that bonds issuedunder this chapter may be typewritten, printed, or otherwise reproduced. Interest coupons shall bear a lithographed or engraved facsimile of thesignature of the director of finance or the deputy director of finance of thecounty.  Pending the preparation of the definitive bonds, interim receipts orcertificates in such form and with such provisions as the director of financemay determine may be issued to the purchaser or purchasers of bonds soldpursuant to this chapter.

(b)  When bonds of the county are prepared andsigned by the director of finance or the deputy director of finance and by themayor in office at the time of the signing or lithographing or engraving of afacsimile signature upon the bonds, the signatures of the director of financeor deputy director of finance and mayor shall be valid and sufficient for allpurposes, and shall have the same effect as if the persons so officiallysigning the bonds or whose facsimile signature appears thereon had remained inoffice until the delivery of the same to the initial purchasers thereof, and inthe case of fully registered bonds, upon any exchange or transfer betweensubsequent holders thereof, notwithstanding the term of office of the personsor either of them may have expired or they may otherwise have ceased to be theofficers before delivery, exchange, or transfer.  If the governing body ordirector of finance has designated a registrar for fully registered bonds, thegoverning body or director of finance may provide that no fully registered bondshall be valid or obligatory for any purpose unless certified or authenticatedby the registrar.  If the governing body or director of finance shall havedesignated a registrar as aforesaid, then notwithstanding subsection (a), allsignatures of the officers of the county upon the fully registered bonds may befacsimiles of the signatures, and the fully registered bonds shall be valid andsufficient only if certified or authenticated as aforesaid by the manualsignature of an authorized officer or signatory of the registrar.  Any law tothe contrary notwithstanding, if blanks of fully registered bonds are held by aregistrar pending exchange or transfer for other fully registered bonds of thesame series, then upon delivery of bonds in an exchange or transfer, the bondsshall be valid and sufficient for all purposes notwithstanding that thesignature of the director of finance or the mayor appearing thereon shall bethat of the person in office at the time of initial delivery of the series ofbonds of which the bond is one or at the time of such exchange or transfer. [L1989, c 80, pt of §2]