[§304A-2678]  Execution and validity ofrevenue bonds.  Revenue bonds issued under this subpart shall bear themanual signatures or facsimile of the signatures of the chairperson andsecretary of the board, and shall be sealed with the seal of the board or inlieu thereof shall bear a facsimile of seal.  If the board designates aregistrar other than itself for the revenue bonds, the resolution authorizingthe revenue bonds may provide that none of the revenue bonds shall be valid orobligatory for any purpose unless authenticated by the registrar.  If theresolution provides, all signatures of the board upon the revenue bonds may befacsimiles of the signatures, and the revenue bonds shall be valid andobligatory only if authenticated by the manual signature of an authorizedofficer or signatory of the registrar.  Revenue bonds bearing the signature ofofficers in office at the date of the signing thereof shall be validobligations, notwithstanding that before the delivery thereof and paymenttherefor any or all of the persons whose signatures appear thereon shall haveceased to be officers.  The validity of the bonds shall not depend on or beaffected by the validity or regularity of any proceedings relating to theconstruction or maintenance of the university project, university system, ornetwork for which the revenue bonds were issued.  The resolution authorizingthe issuance of revenue bonds may provide that the bonds shall contain arecital that they are issued pursuant to this subpart, which recital shall beconclusive evidence of their validity and of the regularity of their issuance.[L 2007, c 161, pt of §1]