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Legal Resources | Education Code |  EC  15361  

School Facilities Improvement District; Required Form of Bonds   

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If any officer whose signature, countersignature, or attestation appears on any school facilities improvement bonds or coupons ceases to be an officer before the delivery of the bonds to the purchaser, the signature, countersignature, or attestation either on the bonds or the coupons, or on both, is valid and sufficient for all purposes as if the officer had remained in office until the delivery of the bonds, and the signature upon the coupons of the person who is auditor at the date of the bonds, is valid although the bonds themselves may be attested by a different person who is auditor at the time of delivery of the bonds.

(Added by Stats. 1996, Ch. 277, Sec. 2. Operative January 1, 1998.)