NRS396.853. Execution, signing, countersigning and authentication of securities and coupons; facsimile signature.

      1.  Bonds and other securities issued hereunder shall be executed in the name of the University or the Board, shall be signed by the Chair of the Board, shall be attested by the Secretary of the Board, shall be countersigned by the Chancellor of the University, and shall be countersigned by the Treasurer of the University; and the bonds or other securities shall be authenticated by the official seal of the University or the Board. Any coupons shall be signed by the Treasurer of the University. Facsimile signatures may be used on any coupons.

      2.  Any bonds or other securities, including without limitation any certificates endorsed thereon, may be executed as provided in the Uniform Facsimile Signatures of Public Officials Act, cited as chapter 351 of NRS. (A compliance therewith is not a condition precedent to the execution of any coupon with a facsimile signature.)

      3.  The bonds, any coupons appertaining thereto, and other securities, bearing the signatures of the officers in office at the time of the signing thereof, shall be the valid and binding obligations of the University or the Board, as the case may be, notwithstanding that before the delivery thereof and payment therefor, any or all of the persons whose signatures appear thereon have ceased to fill their respective offices.

      4.  Any officer authorized or permitted to sign any bonds, any coupons, or any other securities, at the time of their execution and of a signature certificate appertaining thereto, may adopt as and for his or her own facsimile signature the facsimile signature of his or her predecessor in office in the event that such facsimile signature appears upon the bonds, coupons and other securities appertaining thereto, or any combination thereof.

      (Added to NRS by 1967, 11; A 1969, 1441)