12-878. Same; signature of officer on instruments.
12-878
12-878. Same; signature of officer on instruments.
In case any officer whose signature appears upon any check, draft, bond
or any interest coupon, issued pursuant to this act, ceases to hold office
before the delivery thereof to the payee or the purchaser of any bond, such
officer's signature nevertheless shall be valid and sufficient for all
purposes with the same effect as if such officer had remained in office
until delivery thereof.
History: L. 1974, ch. 260, § 9; L. 1983, ch. 49, § 47; May 12.