Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE30 PUBLIC BORROWING AND OBLIGATIONS |
CHAPTER348. Registration of Public Securities |
NRS348.380. Signatures: Effect if officer ceases to fill his or her office; adoption of predecessor’s signature.
Latest version.
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1. Any certificated public security signed by the authorized officers at the time of its signing is not invalid and must not be denied binding effect on the grounds that before its issuance any or all of those officers ceased to fill their respective offices.
2. Any authorized officer empowered to sign any such certificated public security may adopt as and for his or her signature the signature of a predecessor in office if the predecessor’s signature appears on the certificated public security.
(Added to NRS by 1983, 607)