Any security shall be executed in the name of and on behalf of the authority and signed by the chairman of the board, with the seal of the authority affixed thereto and attested by the secretary of the authority, except for securities issued in book entry or similar form without the delivery of physical securities.
History: 1953 Comp., § 75-36-63, enacted by Laws 1963, ch. 311, § 63; 1983, ch. 265, § 51.
ANNOTATIONSThe 1983 amendment added the language at the end of the section beginning with "except for securities."
Am. Jur. 2d, A.L.R. and C.J.S. references. — 64 Am. Jur. 2d Public Securities and Obligations §§ 186 to 189.
11 C.J.S. Bonds § 14.