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§ 586. Authorized signatures to remain valid--Adoption of predecessor's signature

Oklahoma Statutes AnnotatedTitle 62. Public Finance

Oklahoma Statutes Annotated
Title 62. Public Finance (Refs & Annos)
Chapter 3. Provisions Applicable to State and Subdivisions
Registered Public Obligations Act
62 Okl.St.Ann. § 586
§ 586. Authorized signatures to remain valid--Adoption of predecessor's signature
A. Any certificated registered public obligation signed by the authorized officers at the time of the signing thereof shall remain valid and binding, notwithstanding that before the issuance thereof any or all of such officers shall have ceased to fill their respective offices.
B. Any authorized officer empowered to sign any certificated registered public obligation may adopt as and for the signature of such officer the signature of a predecessor in office in the event that such predecessor's signature appears on such certificated registered public obligation. An authorized officer incurs no liability by adoption of a predecessor's signature that would not be incurred by such authorized officer if the signature were that of such authorized officer.

Credits

Laws 1983, c. 170, § 6, eff. July 1, 1983.
62 Okl. St. Ann. § 586, OK ST T. 62 § 586
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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